Schedule Variance (SV) is __________
A) how much time it took to complete the work
B) how long we expected the task to take
C) how much time we have left to complete the project
D) how much time it should have taken to complete the task
E) the difference between the current progress and the original schedule

Question

Quizplus · Accepted Answer

Schedule Variance (SV) is the difference between the current progress and the original schedule. It measures whether the project is ahead of schedule or behind schedule, by calculating the difference between the earned value (the value of the completed work according to the schedule) and the planned value (the value of the work that should have been completed according to the schedule). It helps to identify if the project is progressing as planned or if there are any delays or deviations.

Schedule Variance (SV) Is __________