What does a schedule variance (SV) of greater than zero mean?

The correct answer is D. the project is ahead of schedule. A value of less than zero means the project is behind schedule. And a value greater than zero means the project is ahead of schedule. (A value of zero means the project is exactly on schedule but this is very rare). Note: Schedule Variance shows if there are any variations in…

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Question

Options

Athe project is behind schedule
Bthe project is below budget
Cthe project is above budget
Dthe project is ahead of schedule
Ethe project is neither behind nor below schedule

How the community answered

(54 responses)

A
9% (5)
B
4% (2)
C
15% (8)
D
70% (38)
E
2% (1)

Explanation

A value of less than zero means the project is behind schedule. And a value greater than zero means the project is ahead of schedule. (A value of zero means the project is exactly on schedule but this is very rare). Note: Schedule Variance shows if there are any variations in the schedule of the project. Schedule Variance is calculated as follows: Schedule Variance = Earned Value - Planned Value

Topics

#schedule variance#earned value#project status#ahead of schedule

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