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You have summarized the project and note that 28,000 hours have been scheduled, 25,000 hours have been earned and 26,000 hours paid. The correct conclusion is:
Correct Answer: C
Section: (none) Explanation/Reference: Here, EV=25, PV=28 and AC=26; so CV = -1, SV = -3 and CPI = 0.96 and SPI = 0.89. Therefore it is over budget and behind schedule; but over-budget by very insignificant point, while it is certainly behind schedule by over 10%. That's why answer is C.