Question: Given the following information for a one year project, address the following queries: Planned Value PV = $23000 Earned Value EV = $20000 Actual cost

Given the following information for a one year project, address the following queries:

Planned Value PV = $23000

Earned Value EV = $20000

Actual cost AC = $25000

Budget at completion BAC = $120000

Formulas are given below. Hint: Chapter 7, Page 312 to 316 of your ref book (IT Project Management by kathy).

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