Crucial Exams

CAPM Practice Question

During earned value analysis, a project manager calculates a cost variance (CV) of -$25,000 at the current status point. According to PMBOK definitions, what does any negative CV value indicate about project performance?

  • The project is under budget

  • The project is over budget

  • The project is behind schedule

  • The project is ahead of schedule

CAPM
Predictive, Plan-Based Methodologies
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