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CAPM · Question #525
CAPM Question #525: Real Exam Question with Answer & Explanation
The correct answer is B: A measure of schedule performance between the earned value (EV) and the planned value (PV). See the full explanation below for the reasoning.
Predictive, Plan-Based Methodologies
Question
What is the definition of schedule variance?
Options
- AA measure of the cost variation magnitude to the original cost baseline
- BA measure of schedule performance between the earned value (EV) and the planned value (PV)
- CThe amount of budget deficit, expressed as the difference between earned value (EV) and the actual cost (AC)
- DA measure of schedule efficiency expressed as the ratio of earned value (EV) to planned value (PV)
Topics
#Schedule Variance (SV)#Earned Value Management (EVM)#Project Performance Measurement#Planned Value (PV) / Earned Value (EV)
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