Data are for $6$ different weeks $($not cumulative$)$ You monitored figures on cost and planned$/$earned value for each individual project week until the data date at the end of the sixth week. What is the status of this project at this date?

Project Week

Actual Costs

Earned Value

Planned Value

$1$

$$75,000$

$$61,000$

$$57,000$

$2$

$$95,000$

$$79,000$

$$69,000$

$3$

$$130,000$

$$152,000$

$$160,000$

$4$

$$54,000$

$$74,000$

$$71,000$

$5$

$$205,000$

$$203,000$

$$209,000$

$6$

$$45,000$

$$50,000$

$$71,000$

a$)$

The project is ahead of schedule and over budget

Incorrect Response

b$)$

The project is behind schedule and over budget

c$)$

The project is ahead of schedule and under budget

Correct Answer

d$)$

The project is behind schedule and under budget