During a project, earned value analysis is performed, resulting in the following numbers:

EV: 623,000; PV: 723,000; AC: 743,000.

Which results are correct?

a.

CV: -100,000; SV: -120,000

b.

CV: +100,000; SV: +120,000

c.

CV: +120,000; SV: +100,000

d.

CV: -120,000; SV: -100,000

Explain the CV and SV:

a.

The project is under the budget and ahead of the schedule

b.

The project is above the budget and behind the schedule

c.

The project is under the budget and behind the schedule

d.

The project is above the budget and ahead of the schedule