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The Director of PMO has lost several project managers in the last month. He has calculated the Schedule Variance of 5 projects. .8, .5, 1.2, 1.0, and .9. How many projects are ahead of schedule and how many are behind?
3 projects are behind and 1 project is ahead of schedule
None of these
2 of the projects are ahead of Schedule and 3 projects are behind
All of the projects are behind
Let's first look at the definition of scheduled Variance; SV is the difference between the completed work at a point in time vs. the work planned to be completed. A value of 1.0 indicates on schedule, A value <1.0 is behind schedule, and a value>1.0 is ahead of schedule. 2 projects ahead and 3 behidn schedule is incorrect as there is only 1 project >1.0 or ahead of schedule, the other 1.0 is an indication of _on scheduleî so does not meet criteria of question. 3 projects behind and 1 ahead of schedule is the correct answer as only 1 project is >1 (ahead of schedule) while 3 projects are<1 or behind schedule. All projects behind is incorrect as there several projects >1.0 or ahead of schedule. (PMBOK 2013 Rev 5th Edition, pgs 217-225).
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