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Use This Earned Schedule Table to Determine the Schedule Variance

question 30

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

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Definitions:

Costing Process

The Costing Process involves determining the expenses associated with producing a product or providing a service, including materials, labor, and overhead costs.

Senior Management

The top level of management in an organization, responsible for strategic planning and decision-making.

Quantifiable Benefits

Benefits that can be measured and expressed in numerical terms, commonly used to assess the value of a project or investment.

Workplace Injuries

Workplace Injuries are physical harm or damage that employees suffer as a result of accidents or unsafe conditions in their place of employment.

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