CERTIVIEW

Monday, 26 October 2015

PMP Formula of the Week: Project Schedule Information

PMPFormulaOTW475166460

What piece of work performance information provides the most valuable information about a project behind schedule?

A. Cost Variance
B. Status of deliverables
C. Schedule variance
D. Estimate to complete

Reveal Answer

The correct answer is C.

Schedule variance compares the current status of the schedule with the projected status for the same point in time.

Related Resources
PMP Exam Prep Mobile App
Project Management White Papers

Related Courses
IT Project Management
Project Management Fundamentals
Project Management, Leadership, and Communication
PMP Exam Prep Boot Camp

PMP Formula of the Week Series

  • PMP Formula of the Week: Forecasting a Necessary CPI
  • PMP Formula of the Week: Forecasting a Necessary CPI Based on an ETC
  • PMP Formula of the Week: Ahead or Behind Schedule
  • PMP Formula of the Week: Point of Total Assumption
  • PMP Formula of the Week: Rent, Lease or Buy?
  • PMP Formula of the Week: Risky Task
  • PMP Formula of the Week: Earned Value Management Methodology
  • PMP Formula of the Week: Schedule Performance Index of 1
  • PMP Formula of the Week: TCPI
  • PMP Formula of the Week: Fixed-Price Incentive Fee Contract
  • PMP Formula of the Week: S-Curve
  • PMP Formula of the Week: Current Project Status
  • PMP Formula of the Week: Project Schedule Information
  • PMP Formula of the Week: Random Defective Article


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