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Exam CAPM topic 1 question 506 discussion

Actual exam question from PMI's CAPM
Question #: 506
Topic #: 1
[All CAPM Questions]

What is the definition of schedule variance?

  • A. A measure of the cost variation magnitude to the original cost baseline
  • B. A measure of schedule performance between the eared value (EV) and the planned value (PV)
  • C. The amount of budget deficit, expressed as the difference between earned value (EV) and the actual cost (AC)
  • D. A measure of schedule efficiency expressed as the ratio of earned value (EV) to planned value (PV)
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Suggested Answer: B 🗳️

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JesseChou_123
1 month, 1 week ago
Selected Answer: B
SV = EV - PV
upvoted 1 times
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