If the Earned Value is equal to Actual Cost, it means:
A)Project is on budget and on schedule
B)Schedule Variance Index is 1
C)There is no schedule variance
D)There is no cost variance

Question

Quizplus · Accepted Answer

When the Earned Value (EV) is equal to the Actual Cost (AC), it means there is no cost variance, indicating that the project is on budget. However, this does not provide information about the schedule performance.

If the Earned Value Is Equal to Actual Cost, It