Variance Analysis
Assessing differences between planned and actual performance.
This topic focuses on techniques for calculating and interpreting schedule variances, helping project managers understand where and why deviations occur, and taking corrective actions to align with the schedule baseline.
5 minutes
5 Questions
Concepts covered: Schedule Variance (SV), Cost Variance (CV), Variance at Completion (VAC), Schedule Variance Percentage (SV%), Cost Variance Percentage (CV%), Variance Thresholds, Estimate at Completion (EAC), To-Complete Performance Index (TCPI), Variance Analysis
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114 questions (total)