You are in a meeting with the sponsor to review project status, but someone spilled coffee on
Question:
You are in a meeting with the sponsor to review project status, but someone spilled coffee on the one copy of your report, and your laptop is back in the office. You can barely make out some of the numbers. The report shows that schedule variance for the project is
$15,000. Planned value = $105,000, and actual cost = $114,000. Do you have enough data to calculate the cost variance, and if you do, what is it?
A. No, you do not have enough data.
B. Yes, CV is $6,000.
C. Yes, CV is ($24,000).
D. Yes, CV is ($9,000).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
The PMP Exam: How To Pass On Your First Try (Test Prep Series)
ISBN: 9781732055711
6th Edition
Authors: Andy Crowe
Question Posted: