Certified Associate in Project Management (CAPM) — Question 109

Given the following information, what is the schedule variance (SV) for this project?

Early start date (ES): 16 weeks -

Actual time: 12 weeks -
Schedule performance index (SPI): 1.3

Answer options

Correct answer: C

Explanation

The schedule variance (SV) can be calculated using the formula SV = EV - PV, where EV is earned value and PV is planned value. Given the SPI of 1.3, the earned value indicates that the project is ahead of schedule, leading to a calculated SV of 3. The other options do not accurately reflect the calculations based on the provided data.