Cost variance and schedule variance
If a project has a Cost Variance (CV) of 1000 and a Schedule Variance (SV) of -1000, what does it mean?
A. The project is under budget and behind schedule.
B. The project is over budget and ahead of schedule.
C. It is impossible to have a negative SV.
D. The Overall Variance (OV) is 0.
If you are reading this via email, please click here for the answer.