You are a project manager working on a project that requires 100 items to be tested, spaced evenly over five weeks. you have just begun week three, with an overall budget of us $10,000. to date, you have spent us $2,000 with 40 items tested successfully. what does the cost variance

(cv) tell you in this circumstance?

A. The project is proceeding at 100% of the expected rate.

B. * The project is $2000 under budget.

C. The project is on budget.

D. The project is getting $2 of work for every dollar spent.