A Project Can Have a Negative Schedule Variance and Still

question 94

Multiple Choice

A project can have a negative schedule variance and still be ahead of schedule when

• A) all budget targets have been achieved.
• B) earned value exceeds planned value.
• C) progress on the critical path is faster than non-critical path tasks.
• D) actual cost exceeds earned value.
• E) None of these alternatives is correct.

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Definitions:

Agreement

A mutual understanding or arrangement between two or more parties, often formalized by a contract.

Empathy

The ability to understand and share the feelings of another person from their perspective.

Groupthink

A psychological phenomenon occurring within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Illusion of Invulnerability

An overconfidence bias where a group underestimates risks, leading to over-optimistic decision-making.