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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