Task $5$ of ABC project has a $30-$day timeline and $$1,000$ budget. After $15$ days, the project manager finds that $50\%$ of the project is complete and the actual cost is $$450$ and planned value is $$475.$ Which statement is true about this project?

Earned Value is smaller than Planned Value

The project progress is ahead of schedule

The project progress is behind schedule

$-$The project progress as per the baseline plan