What does this information tell you about this project?

What does this information tell you about this project?

This earned value analysis tells us that the project is behind its original estimate (value) by $20. The PV, or Planned Value, was estimated to be $240; however, the actual amount spent on the project so far (EV or Earned Value) is only $230.

Furthermore, the AC or Actual Cost of this project is higher at $250 which means that more time and money have been spent than originally planned. This indicates that we are 10% behind schedule in terms of completion as well as having an overspend of 20%.

For this reason it is important to identify any potential issues that could have caused these delays and/or cost overruns such as resource shortages or mismanagement of funds/time. Additionally we need to understand how much additional effort will be required in order to get this project back on track and if any changes should be made along with a contingency plan for further unforeseen obstacles.