To find out if a project is ahead or behind schedule, you subtract Planned Value (PV) from Earned Value (EV): EV - PV. A positive result indicates the project is ahead of schedule, while a negative result means it's behind. The other options are incorrect because reversing the subtraction (PV - EV) would invert the results, dividing EV by PV gives the schedule performance index, and subtracting Actual Cost (AC) from EV relates to cost variance, not schedule status.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
What is Earned Value (EV) in project management?
Open an interactive chat with Bash
What is Planned Value (PV) and how is it calculated?
Open an interactive chat with Bash
What does a negative schedule variance indicate?
Open an interactive chat with Bash
CAPM
Predictive, Plan-Based Methodologies
Your Score:
Report Issue
Bash, the Crucial Exams Chat Bot
AI Bot
Loading...
Loading...
Loading...
Project Management Package Join Premium for Full Access