You are a project manager for a nonprofit organization. Your project has come about because of a social need. You're calculating performance measurements, and you know the following information: BAC = 900, ETC = 65, PV = 500, EV = 475, and AC = 425. Which of the following statements is true?

a.

This project is behind schedule, but costs are lower than planned.

b.

This project is behind schedule, and costs are higher than planned.

c.

This project is ahead of schedule, and costs are higher than planned.

d.

This project is ahead of schedule, and costs are lower than planned.