Assume that your actual costs are $1,000; your planned value is $1,200; and your earned value is $1,500. Based on these data, what can be determined regarding your schedule variance?
A. At -$300, the physical progress is being accomplished at a slower rate than is planned, indicating an unfavorable situation.
B. At +$300, the situation is favorable, as physical progress is being accomplished ahead of your plan.
C. At +$500, the situation is favorable, as physical progress is being accomplished at a lower cost than was forecasted.
D. At -$300, you have a behind-schedule condition, and your critical path has slipped.
A. At -$300, the physical progress is being accomplished at a slower rate than is planned, indicating an unfavorable situation.
B. At +$300, the situation is favorable, as physical progress is being accomplished ahead of your plan.
C. At +$500, the situation is favorable, as physical progress is being accomplished at a lower cost than was forecasted.
D. At -$300, you have a behind-schedule condition, and your critical path has slipped.