The ________ variance is the difference between the earned value and the actual costs for the work completed to date.
A) schedule
B) cost
C) budget
D) time
E) performance

Question

Quizplus · Accepted Answer

The correct term is "cost variance," which is calculated as the difference between the earned value (EV) of work performed and the actual cost (AC) incurred to perform that work.

The ________ Variance Is the Difference Between the Earned Value