Which statement best defines schedule variance?
A) earned value minus the planned value
B) earned value minus the actual cost
C) planned value plus the earned value
D) planned value plus the rate of performance

Question

Quizplus · Accepted Answer

Schedule variance (SV) is the earned value minus the planned value. A negative schedule variance means that it took longer than planned to perform the work, and a positive schedule variance means that the work took less time than planned to perform.

Which Statement Best Defines Schedule Variance