Examsnet
Unconfined exams practice
Home
Exams
Banking Entrance Exams
CUET Exam Papers
Defence Exams
Engineering Exams
Finance Entrance Exams
GATE Exam Practice
Insurance Exams
International Exams
JEE Exams
LAW Entrance Exams
MBA Entrance Exams
MCA Entrance Exams
Medical Entrance Exams
Other Entrance Exams
Police Exams
Public Service Commission (PSC)
RRB Entrance Exams
SSC Exams
State Govt Exams
Subjectwise Practice
Teacher Exams
SET Exams(State Eligibility Test)
UPSC Entrance Exams
Aptitude
Algebra and Higher Mathematics
Arithmetic
Commercial Mathematics
Data Based Mathematics
Geometry and Mensuration
Number System and Numeracy
Problem Solving
Board Exams
Andhra
Bihar
CBSE
Gujarat
Haryana
ICSE
Jammu and Kashmir
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Tamil Nadu
Telangana
Uttar Pradesh
English
Competitive English
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Careers
Contact Us
Our Apps
Privacy
Test Index
PMP Certification Mix Questions Test 1
Show Para
Hide Para
Share question:
© examsnet.com
Question : 66
Total: 70
If the cost variance is the same as the schedule variance and both numbers are greater than zero, then______________
The cost variance is due to the schedule variance
The variance is favorable to the project
The schedule variance can be easily corrected
Labor rates have escalated since the project began
Validate
Solution:
A positive schedule variance indicates that the project is ahead of schedule. A positive cost variance indicates that the project has incurred less cost than estimated for the work accomplished; therefore, the project is under budget.
© examsnet.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
Prev Question
Next Question