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You are halfway through your project and the earned value is $265. You have spent $200 so this amount is your actual cost. What is the cost variance

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Based on the earned value and the amount already spent on the project, the cost variance is $65.

What is the cost variance of the project?

This can be found by the formula:

= Earned value - Actual value

Solving gives:

= 265 - 200

= $65

In conclusion, the cost variance is $65.

Find out more on cost variance at https://brainly.com/question/4557688.

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