Earned Value Management (EVM3) You are working on a project that is scheduled to be completed in 10 months. The total budget for the project is $10,000. Six months have passed and the schedule indicates that 60% of the work should be completed by now. But your team has only completed 50% of the project and spent $8,000. 33 2 points What is the Planned Value (PV) for this project at this point in time? O $10,000 * 60% = $6,000 $8,000 * 50% = $4,000 $8,000 * 60% = $4,800 $10,000 * 50% = $5,000 34 2 points What is the Earned Value (EV) for this project at this point in time? $10,000 * 50% = $5,000 $8,000 * 50% = $4,000 $10,000 * 60% = $6,000 $8,000 60% = $4,800 D