Question: Given the following information: Planned Value (PV): $10,000 Earned Value (EV): $8,000 Actual Cost (AC): $9,500 Using the appropriate formula of the Earned Value Method


Given the following information:

◾Planned Value (PV): $10,000

◾Earned Value (EV): $8,000

◾Actual Cost (AC): $9,500 Using the appropriate formula of the Earned Value Method (EVM), what is the value of the Cost Variance (CV)?

A. $2,000 B. −$1,500 C. −$2,000 D. −$500

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