PMP · Question 103 · Task 6: Plan and manage schedule
A project manager is leading a project to build a new factory. The project is using a predictive lifecycle. The PM wants to ensure that the project is on schedule. The PM calculates the Schedule Variance (SV). SV = EV - PV. The SV is -$10,000. What does this mean?
Answer options:
The project is ahead of schedule.
The project is behind schedule.
The project is over budget.
The project is under budget.
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