Crucial Exams

Project Management Professional Practice Question

Midway through a 12-month construction project, the sponsor asks the project manager for a financial health check. According to the most recent earned value report, the planned value (PV) at this point is $300 000, the earned value (EV) is $250 000, and the actual cost (AC) is $275 000. Company policy requires the team to flag any variance that exceeds ±$10 000. Before deciding whether to escalate the issue, the project manager calculates the cost variance (CV). What CV should be reported to the sponsor?

  • -$50 000

  • $25 000

  • $0

  • -$25 000

Project Management Professional
Process
Your Score:
Settings & Objectives
Random Mixed
Questions are selected randomly from all chosen topics, with a preference for those you haven’t seen before. You may see several questions from the same objective or domain in a row.
Rotate by Objective
Questions cycle through each objective or domain in turn, helping you avoid long streaks of questions from the same area. You may see some repeat questions, but the distribution will be more balanced across topics.

Check or uncheck an objective to set which questions you will receive.

Wipe Score
Bash, the Crucial Exams Chat Bot
AI Bot