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NEW QUESTION: 1
Della works as a Project Manager for BlueWell Inc. A number of projects are running under her guidance.
You, being a team leader of a project, provide Della the performance indexes of your project. The schedule variance (SV) of your project is zero. What does this figure depict?
A. Costs are higher than planned.
B. Project is right on target.
C. Project is behind the schedule.
D. Project is ahead of the schedule.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
According to the question, the schedule variance (SV) of the project is zero. A value of 0 indicates that the project is right on target. Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the schedule is ahead or behind what was planned for this period in time. The schedule variance is calculated based on the following formula: SV = Earned Value (EV) - Planned Value (PV) If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater than 0 shows that the project is ahead of the planned schedule. A value of 0 indicates that the project is right on target.
Incorrect Answers:
B: The positive SV depicts that the project is ahead of the planned schedule.
C: The negative SV means that project is behind the schedule.
D: This result can be drawn by looking at the cost variance (CV) of the project.

NEW QUESTION: 2
DRAG DROP

Answer:
Explanation:

NEW QUESTION: 3

A. Option A
B. Option D
C. Option B
D. Option C
Answer: C
Explanation: