Related Questions

• Which is better, a negative variance or a positive variance?
• Larry has one revenue generating project which is both behind schedule and slightly over budget. He has calculated the following against his project: CPI=.9, PV=$60,000, AC=$120,000, BAC=$100,000, and EV=$75,000. Which is the correct EAC calculation result for his project?
• Fred is currently managing a project that is that is significantly behind schedule, he started to calculate his estimate to completion. The following parameters were used: EAC=$500,000, AC= $750,000, and CPI not expected to be the same for remainder of project. Which is the correct ETC calculation for his project?
• Why is variance analysis useful?
• True or False: Controlling the cost baseline is NOT concerned with recording the costs spent?
• If the earned value is $1000 and the actual cost is $2000, what is the cost performance index?
• You're presenting a project's staging to stakeholders. The staging concerns both schedule and cost variances, which are looking good. What's the project status?
• What tool(s) used in planning is used by the project manager to plan when resources both personnel and facilities available and for how long?
• What is the ratio of the earned value to the planned value called?
• True or False: Schedule variance can be a negative number?