A project has a budget of \7,500,000 and is expected to last five years. The project is now in year three and is 40 percent complete. What is the earned value of this project if the project manager has spent \4,225,000 of the project budget so far?

Question

A project has a budget of  \7,500,000 and is expected to last five years. The project is now in year three and is 40 percent complete. What is the earned value of this project if the project manager has spent  \4,225,000 of the project budget so far?

Examsnet · Accepted Answer

Correct Answer is :  $3,000,000

PMP Certification Practice Test 4