Question: Considering the below information about a software engineering project, what is the Cost Variance? Planned Value (PV) = 8,000 Earned Value (EV) = 12,000 Actual

Considering the below information about a software engineering project, what is the Cost Variance?

Planned Value (PV) = 8,000

Earned Value (EV) = 12,000

Actual Cost (AC) = 6,000

Project term: 12 months

1) 8,000

2) 6,000

3) 4,000

4) None of the above

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