Given PV (BCWS) equals $1,500,000; EV (BCWP) equals $1,575,000; AV (ACWP) equals $1,490.000. Which of the following is a true statement? Budget Actual Budget Earned Percent Account Code UOM Quantity Quantity PV EV Complete Total To-Date 03110 Formwork SF 4,000 3,000 6,000 03210 Rebar Ton 10 6 900 03310 Place & Finish CY 800 640 1,600 Subtotal Slabs at grade a. The project is over budget and behind schedule b. The project is under budget and ahead of schedule C. The project is over budget and ahead of schedule . d. The project is under budget and behind schedule