In earned value management,schedule variance is defined as:
A)the difference between the earned value and the actual cost.
B)the difference between the earned value and the planned value.
C)the difference between the actual cost and the planned value.
D)the difference between the cost and schedule performance indices multiplied by the budgeted cost at completion.

Question

Quizplus · Accepted Answer

Schedule variance (SV) is defined as the difference between the earned value (EV) and the planned value (PV). SV = EV - PV. This indicates whether the project is ahead or behind schedule.

In Earned Value Management,schedule Variance Is Defined As