PMP Exam Question 61

Aligned with PMBOK 6th Edition®.

Schedule Variance

Sara is the project manager in the construction of a new building. Sara has been tracking variance analysis metrics during all the project. The project has been recently completed. How much is the Schedule Variance now that the project has been completed?

A. Equal to EV.
B. Zero.
C. Equal to PV.
D. One

February 16, 2020

5 responses on "PMP Exam Question 61"

  1. PMP Solution 61

    Schedule variance (SV) is a measure of schedule performance expressed as the difference between the earned value and the planned value. It is the amount by which the project is ahead or behind the planned delivery date, at a given point in time. Equation: SV = EV – PV. The Schedule variance will ultimately equal zero when the project is completed because all of the planned values will have been earned. Therefore, right answer is B. [PMBOK 6th edition, Page 262] [Project Cost Management]

    Cheers

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