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Question 798 - CAPM discussion
A project has an estimated duration of 10 months with a total budget of US$220,000. At the end of the fifth month, it is estimated that at completion, the project will incur US$250,000. If the actual cost (AC) calculated is US$150,000, what is the earned value (EV) of the project?
A.
USS-30,000
B.
US$120,000
C.
US$370,000
D.
US$400,000
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