TOPIC: Free PMP® Exam Sample Question of the Week

Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator.

You are managing a bridge construction project. Half of the project work has been completed. The total planned cost at this stage was $2.5 million. The actual physical work that has been completed at this stage is worth $2.4 million. You have already spent $5.0 million on the project. What is the schedule variance?

A. $100,000
B. -$100,000
C. $2.6 million
D. $2.5 million

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HINT: SV = EV - PV

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Answer and Explanation:
The correct answer is B.

SV=EV-PV = $2.4 million - $2.5 million = -$100,000

The selection B has typo, it is not -100,000 but as written -100,00 (missing a zero)