Project Management Professional (PMP) Exam Practice – Question1447

Assume that your actual costs are $800; your planned value is $1,200; and your earned value is $1,000. Based on these data, what can be determined regarding your schedule variance?


A.
At +$200, the situation is favorable as physical progress is being accomplished ahead of your plan.
B. At -$200, the physical progress is being accomplished at a slower rate than is planned, indicating an unfavorable situation.
C. At +$400, the situation is favorable as physical progress is being accomplished at a lower cost than was forecasted.
D. At -$200, you have a behind-schedule condition, and your critical path has slipped

Correct Answer: B

Explanation:

Explanation:
Schedule variance is calculated: EV -PV or $1,000 -$1,200 = -$200. Because the SV is negative, physical progress is being accomplished at a slower rate than planned.