If schedule variance is negative,it means it took longer to perform the activity than planned.

Name: If schedule variance is negative,it means it took longer to perform the activity than planned.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Schedule variance (SV) is calculated by subtracting the planned value (PV) from the earned value (EV) or SV = EV - PV. A negative SV means that the actual cost of the activity is higher than the planned cost, indicating that it took longer or cost more than planned to perform the activity.

If Schedule Variance Is Negative,it Means It Took Longer to Perform