Question: An antibiotic hip stem project has been going for five months now ( 5 % complete ) , and $ 5 0 0 , 0

An antibiotic hip stem project has been going for five months now (5% complete), and $500,000 has been spent on it thus far. The original project plan called for an EV of $450,000 at five months, but currently the work is valued at $300,000. What is the Schedule Variance (SV) of this project and is it behind schedule or ahead of schedule?
Group of answer choices
$200,000; ahead of schedule
-$150,000; behind schedule
$150,000; ahead of schedule
$50,000; ahead of schedule
$200,000; behind schedule

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