Engineering Board Exam Reviewer · Engineering Management · medium
A project has PV = ₱400,000, EV = ₱360,000 and AC = ₱450,000. What is the schedule variance (SV)?
- ₱40,000
- −₱40,000
- −₱90,000
- ₱50,000
Answer
B. −₱40,000
Solution
SV = EV - PV = 360,000 - 400,000 = −₱40,000 (behind schedule).
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