In month nine of a 12 month project, the customer approaches the project manager
believing the project is at risk because 85% of the funds have been expended already. To
give the customer a more accurate assessment, the project manager calculates the Cost
Variance (CV) using which of the following formulas?

A.
CV = EV – AC

B.
CV = PV – AC

C.
CV = AC – EV

D.
CV = EV – PV