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CBAP · Question #170

Which of the following is the comparison of planned project results with actual project results?

The correct answer is A. Variance analysis. Variance analysis is the project control technique that compares planned baseline values against actual performance results to identify and quantify deviations.

Business Analysis Planning and Monitoring

Question

Which of the following is the comparison of planned project results with actual project results?

Options

  • AVariance analysis
  • BCost-benefit analysis
  • CStatistical Sampling
  • DTrend analysis

How the community answered

(28 responses)
  • A
    71% (20)
  • B
    18% (5)
  • C
    7% (2)
  • D
    4% (1)

Why each option

Variance analysis is the project control technique that compares planned baseline values against actual performance results to identify and quantify deviations.

AVariance analysisCorrect

Variance analysis measures the difference between planned and actual project performance across scope, schedule, and cost dimensions. In Earned Value Management it produces metrics such as Schedule Variance (SV = EV - PV) and Cost Variance (CV = EV - AC), giving project managers the data needed to determine corrective actions when performance deviates from the plan.

BCost-benefit analysis

Cost-benefit analysis weighs the total expected costs of a decision against its projected benefits to justify investment, and does not compare planned project results to actual results.

CStatistical Sampling

Statistical sampling selects a representative subset of a population for inspection as a quality technique, and is not used to compare planned versus actual performance.

DTrend analysis

Trend analysis examines historical performance data to forecast future project outcomes, making it forward-looking rather than a direct comparison of planned versus actual results.

Concept tested: Variance analysis for project performance measurement

Source: https://www.pmi.org/pmbok-guide-standards

Topics

#variance analysis#planned vs actual#performance measurement#monitoring

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