The project manager performed' a variance analysis on the project during the execution phase. The variances were shown as increasing What does this result imply?

Question

Options

• AThe uncertainty and risk are increasing.
• BThe project schedule is lagging behind.
• CThere is no potential for future deviation.
• DThe project is over budget.

• A
  71% (30)
• B
  7% (3)
• C
  17% (7)
• D
  5% (2)

Explanation

Increasing variances during the execution phase imply that the uncertainty and risk are increasing, as the project performance is deviating from the planned values. According to the PMBOK?Guide ?Sixth Edition1, variance analysis is a technique used to compare the actual performance of the project against the planned or expected performance. It can be applied to various aspects of the project, such as scope, schedule, cost, quality, and risk. Variance analysis can help identify deviations from the baseline and determine the causes and impacts of those deviations. If the variances are shown as increasing, it means that the actual performance is deviating more and more from the planned performance, which implies that the uncertainty and risk are increasing. This could affect the project objectives and deliverables, and require corrective or preventive actions to bring the project back on track.

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