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You are building a 4 sided fence. Each side is of equal length and you

estimate that each side will contain

the same material and labor costs as

well as take the same amount of time to complete. You estimate that the

project will take 4 days to and your budget, including a

contingency reserve is $4,000.

At the end of 3 days, you are asked to an Earned Value calculation

in order to determine how the project is progressing. You determine that as

of the end of day 3, total costs incurred are $3,500. and 70% of the project is


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