Use This Earned Schedule Table to Determine the Schedule Variance

question 51

Multiple Choice

Use this earned schedule table to determine the schedule variance ($) for this project at the end of Month 6. $\begin{array}{l|l|l|l|l|l|l|l} & \text { Month } 1 & \text { Month 2 } & \text { Month 3 } & \text { Month 4 } & \text { Month } 5 & \text { Month 6 } & \text { Month } 7 \\\hline \mathrm{PV}(\$) & \$ 125 & \$ 275 & \$ 500 & \$ 875 & \$ 1,485 & \$ 2,325 & \$ 2,670 \\\hline \mathrm{EV}(\$) & \$ 50 & \$ 120 & \$ 255 & \$ 420 & \$ 715 & \$ 865 & \$ 0\end{array}$

• A) -$1,460
• B) -$865
• C) $865
• D) $2325

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Definitions:

Surfacing Issues

The act of identifying and bringing to attention unresolved problems or disagreements within a project or organization.

Management Team

A group of individuals leading and making strategic decisions for an organization, ensuring its operations align with set goals.

Educating the Client

The practice of providing necessary information, insights, and understanding to the client about the services, processes, or outcomes expected from a project or service.

Management Approach

The overall strategy and methodology adopted by leadership to guide and control an organization or project.