CompTIA Project+ (PK0-004) — Question 150

The project manager is reviewing the earned value of work completed compared to the planned value and is representing it in a dollar figure.
This type of analysis is an example of which of the following?

Answer options

• A. Cost performance index
• B. Risk mitigation
• C. Schedule variance
• D. Cost variance

Correct answer: C

Explanation

The correct answer is C, as schedule variance measures the difference between the work performed and the work that was planned in terms of budget. Options A and D are related to cost performance and cost differences but do not specifically address the timing aspect of the work, while B refers to strategies for minimizing risks rather than analyzing value.