A positive cost variance CV) indicates that the project is _____.
A) behind schedule
B) under budget
C) over budget
D) on schedule
E) ahead of schedule

Name: A positive cost variance CV) indicates that the project is _____. A) behind schedule B) under budget C) over budget D) on schedule E) ahead of schedule
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

A positive cost variance (CV) means that the actual cost of the project is less than the planned or budgeted cost, which indicates that the project is under budget.

A Positive Cost Variance CV) Indicates That the Project Is