How well is Sally's project doing in terms of budget if her project values are PV=100, AC=75, EV=100?

To understand how well Sally's project is doing in terms of budget, we need to analyze the given project values: Planned Value (PV), Actual Cost (AC), and Earned Value (EV).

Planned Value (PV) is the value of the work that was planned to be completed by the specified time, which is 100 in this case. Earned Value (EV) is the value of the work that has actually been completed, also 100. Actual Cost (AC) is the actual expenditure for the work done, which is 75.

To determine whether the project is over, under, or on budget, we can compare the Actual Cost (AC) with the Earned Value (EV). Here, the Earned Value (100) matches the Planned Value (100), indicating that the project is progressing as planned in terms of the work accomplished.

Next, to assess the budget status, we look specifically at the relationship between Earned Value (EV) and Actual Cost (AC). The difference between these two values can be calculated as follows:

• Earned Value (EV) - Actual Cost (AC) = 100 - 75 = 25.

This result indicates that the project has spent 25 less than what it