Consider the following information for a project: Planned Value (PV): 50,000 euro Earned Value (EV): 40,000 euro

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Consider the following information for a project:

◾Planned Value (PV): 50,000 euro

◾Earned Value (EV): 40,000 euro Based on the given information, calculate the Schedule Variance (SV) for the project and interpret the result.

A. 10,000 euro; the project is ahead of schedule B. −10,000 euro; the project is behind schedule C. 50,000 euro; the project is ahead of schedule D. −50,000 euro; the project is behind schedule

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