15.3 Earned Value Management 4. Example New Software Development Project: Planning total investment is $450,000, which will be completed in 4 weeks. At the end of the first week, the actual cost has reached $ 120,000. According to the project plan, the total amount of the estimated project progress cost is $108,000. The budgeted cost for work performed is $90,000 US dollars. The boss criticizes PM for his poor performance. Is it unfair