In a cyclic process, the work done is the area enclosed by the process in the P-V diagram. For the given cyclic process in the diagram, the work done can be calculated as:
\[
W = \pi (P_2 - P_1)(V_2 - V_1)
\]
Thus, the correct expression for work done is:
\[
\boxed{W = \pi \left( P_2 - P_1 \right)(V_2 - V_1)}
\]