Certified Associate in Project Management (CAPM) — Question 71

A project manager is reporting the project performance as 25 days worth of work completed against 13 days originally planned. What is the schedule variance (SV)?

Answer options

• A. 1.15
• B. 12
• C. -12
• D. 38

Correct answer: B

Explanation

Schedule Variance (SV) is calculated as the Earned Value (EV) minus the Planned Value (PV). Here, EV is 25 days and PV is 13 days, resulting in an SV of 25 - 13 = 12 days. The other options do not reflect this calculation accurately.