What Is a Schedule Variance

question 77

Multiple Choice

What is a schedule variance?

• A)The budgeted cost of work performed during a specific time period (BCWP)
• B)The budgeted cost of work scheduled during a specific time period (BCWS)
• C)The difference between the budged cost of work performed and the budget cost of work scheduled for a specific time period (BCWP-BCWS)
• D)The amount of time by which a project is behind schedule when no slack exists in the schedule budget
• E)The difference between the money spent and the money projected to be spent on a project

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Definitions:

Ethical Climate

The collective perception of what is ethically right or wrong in an organization and how ethical issues are addressed.

Enhanced Outcomes

Results or consequences that exceed the original expectations or objectives, often through improved efficiency, effectiveness, or quality.