Project Management Quiz: August 2010 Print E-mail
If the cost variance is positive and the schedule variance is also positive, then it indicates that …
a) Project is under budget and behind schedule
b) Project is over budget and behind schedule
c) Project is under budget and ahead of schedule
d) Project is over budget and ahead of schedule

The answer is C because EV-AC>0 and EV-PV>0, both positive signals.
 

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