The formula for Cost Variance is:
A. CV=EV-AC
B. CV=AC-EV
C. CV=BAC-(AC-EV)
D. CV=SV-BC
The formula for Cost Variance is:
A. CV=EV-AC
B. CV=AC-EV
C. CV=BAC-(AC-EV)
D. CV=SV-BC
What does it mean if the Earned Value is equal to Actual Cost?
A. Schedule Variance Index is 1
B. Project is on budget and on schedule
C. There is no cost variance
D. There is no schedule variance