Exam PgMP topic 1 question 57 discussion

Actual exam question from PMI's PgMP

Question #: 57
Topic #: 1

You are the program manager of the HNG Program. This program has a budget at completion of $2,345,900 and is expected to last two years. The program is currently 30 percent complete and you have spent $789,000. The program is supposed to be 35 percent complete but do to some delays you're slightly behind schedule. Based on this information, what is the schedule variance (SV) of this program?

A. -$85,230
B. $821,065
C. -$284,100
D. -$117,295

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Suggested Answer: D 🗳️

by SyedCert at Oct. 19, 2021, 12:44 a.m.

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Nugi

4 months, 2 weeks ago

Selected Answer: D

- Budget at Completion (BAC) = 2,345,900 - Actual Cost (AC) = 789,000 - Earned Value (EV) = (current completion % * BAC) = 0.30 * 2,345,900 = 703,770 - Planned Value (PV) = (planned completion % * BAC) = 0.35 * 2,345,900 = 821,065 - Schedule Variance (SV) = EV – PV = 703,770 – 821,065 = -117,295

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Fahad1989

8 months, 1 week ago

the Answer is (D) Earned Value (EV) = 0.30 Planned Value (PV) = 0.35 Schedule Variance (SV) = Earned Value (EV) – Planned Value (PV) Schedule Variance (SV) = (0.30-0.35)*2345900 = -117295 := So the Answer is (D)

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sg346c

8 months, 2 weeks ago

Correct answer should be B. The question is based on schedule, not on cost. (2345900 *5%) = -117295

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UHS

10 months, 1 week ago

Correct answer should be A D is only (2345900 *5%) = -117295 which is incorrect and does not take into account the actuals as of today (PV)

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SyedCert

2 years, 1 month ago

For me its, A. Schedule Variance (SV) = Earned Value (EV) – Planned Value (PV) Schedule Variance (SV) = BCWP – BCWS =2345900*0.3 - 789000 = -85230

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Exam PgMP topic 1 question 57 discussion

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Nugi

Fahad1989

sg346c

UHS

SyedCert

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