PMP (Project Management Professional) · Question
What does a negative value for the Schedule Variance (SV) indicate?
Schedule Variance (SV = EV - PV). A negative SV means the earned value (EV) is less than the planned value (PV), indicating behind schedule.
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Question: What does a negative value for the Schedule Variance (SV) indicate?
Answer options: ✅ The project is behind schedule.
- The project is ahead of schedule.
- The project is over budget.
- The project is under budget.
Correct answer: The project is behind schedule.
Explanation: Schedule Variance (SV = EV - PV). A negative SV means the earned value (EV) is less than the planned value (PV), indicating behind schedule.
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- What is the primary output of the 'Direct and Manage Project Work' process?
- Which project management approach emphasizes frequent communication, self-organizing teams, and adapting to ch
- Which of the following is an output of the 'Develop Project Charter' process?
- Which type of risk response strategy involves shifting the impact of a threat along with ownership to a third
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