The project manager is reviewing the earned value of work completed compared to the planned value and is representing it in a dollar figure. This type of analysis is an example of which of the following?
Schedule variance is represented in a dollar figure. https://project-management.com/schedule-variance-formula/
There is not enough info in this question to distinguish between cost or schedule variance.
Schedule variance is an indicator of whether a project schedule is ahead or behind.... Can't very well represent that "in a dollar figure."
Its cost variance don't get tripped up on terminology.
Schedule variance is only represented in dollar figure
$1000 ahead of schedule
$0 in schedule
-$1000 behind schedule
https://www.wrike.com/project-management-guide/faq/what-is-schedule-variance-in-project-management/
I was surprised to learn schedule variance is actually measured in dollars. This question is definitely intended to throw you off track by providing two "cost" answers.
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