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PMI-SP - Variance Analysis - Cost Variance Percentage (CV%)
Expert
1/12
In calculating CV% trends over a project lifecycle, at what value range would it most likely signal the need for comprehensive cost recovery actions?
a.
Between -10% to -15% over three consecutive reporting periods
b.
Between -12% to -18% during peak project execution phases and resource allocation periods
c.
Between -5% to -8% during any single reporting period
d.
When CV% exceeds -20% at any point during critical path activities
Expert