Certified Associate in Project Management (CAPM) — Question 273

A project manager is preparing a monthly status report for the project, which includes project performance compared to the baseline schedule. How can the project manager calculate the schedule variance (SV) for tasks on the critical path?

Answer options

• A. Earned Schedule ÷ Actual Time
• B. Actual Time - Earned Schedule
• C. Earned Value - Planned Value
• D. Planned Value - Earned Value

Correct answer: C

Explanation

The correct answer is C, as schedule variance (SV) is calculated by subtracting Planned Value from Earned Value. Options A and B are incorrect because they do not represent the formula for calculating schedule variance. Option D, while related, reverses the order of the calculation and does not yield the correct SV value.