Certified Associate in Project Management (CAPM) — Question 77
A project manager needs to determine the schedule variance (SV). The project manager's latest schedule indicates 14 units of work completed against a plan of 23 units.
What is the SV?
Answer options
- A. 322
- B. 37
- C. 9
- D. -9
Correct answer: D
Explanation
The Schedule Variance (SV) is calculated as SV = Earned Value (EV) - Planned Value (PV). In this case, EV is 14 (actual work completed) and PV is 23 (planned work), resulting in an SV of 14 - 23 = -9. Options A, B, and C do not reflect the correct calculation of SV.