Question: Is this task on track to be within its budget? Earned Value Analysis Information Technology: 40% completed; actual cost: $1,000 Scheduled work: 60% (3w/5w) Actual

Is this task on track to be within its budget?

Earned Value Analysis Information Technology: 40% completed; actual cost: $1,000 Scheduled work: 60% (3w/5w) Actual work: 40% (2w/5w) Budgeted cost: $2,000 Planned value: 60% x $2,000 = $1,200 Earned value: 40% x $2,000 = $800 Actual cost: $1,000

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