A work package has been scheduled to cost $1,000 to complete, and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has been completed. What…

The correct answer is B. -$200. You've hit your limit · resets 5am (America/New_York)

Schedule Monitoring and Controlling

Question

A work package has been scheduled to cost $1,000 to complete, and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has been completed. What is the cost variance?

Options

A-$700
B-$200
C+$200
D+$500

How the community answered

(21 responses)

A
5% (1)
B
81% (17)
C
14% (3)

Explanation

You've hit your limit · resets 5am (America/New_York)

Topics

#cost variance#earned value management#EV#AC

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