PGMP · Question #48
You are the program manager of the HNG Program. This program has a budget at completion of $2,345,900 and is expected to last two years. The program is currently 30 percent complete and you have spent
The correct answer is D. -$117,295. Schedule Variance (SV) = Earned Value (EV) − Planned Value (PV). Step 1 - EV = BAC × actual % complete = $2,345,900 × 0.30 = $703,770. Step 2 - PV = BAC × planned % complete = $2,345,900 × 0.35 = $821,065. Step 3 - SV = EV − PV = $703,770 − $821,065 = −$117,295. The negative resu
Question
You are the program manager of the HNG Program. This program has a budget at completion of $2,345,900 and is expected to last two years. The program is currently 30 percent complete and you have spent $789,000. The program is supposed to be 35 percent complete but do to some delays you're slightly behind schedule. Based on this information, what is the schedule variance (SV) of this program?
Options
- A-$85,230
- B$821,065
- C-$284,100
- D-$117,295
How the community answered
(49 responses)- A4% (2)
- B6% (3)
- C14% (7)
- D76% (37)
Explanation
Schedule Variance (SV) = Earned Value (EV) − Planned Value (PV). Step 1 - EV = BAC × actual % complete = $2,345,900 × 0.30 = $703,770. Step 2 - PV = BAC × planned % complete = $2,345,900 × 0.35 = $821,065. Step 3 - SV = EV − PV = $703,770 − $821,065 = −$117,295. The negative result confirms the program is behind schedule. Option B ($821,065) is simply the PV, not the SV. Option C (−$284,100) would result from an incorrect percentage or BAC calculation. Option A (−$85,230) does not correspond to any valid EVM formula applied to these numbers.
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