A project manager is calculating the current budget.

PMI CAPM Question Answer

A project manager is calculating the current budget. The earned value (EV) of the project is lower than the actual cost (AC) of the project.

How should the project manager report the status of the project?

The project is at risk as the cost variance (CV) is negative.

The project is within budget and within schedule.

The project is within budget but is delayed.

The project is tracking well as the cost variance (CV) is negative.

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