BCS ISEB-PM1 Exam - Topic 12 Question 97 Discussion

Actual exam question for BCS's ISEB-PM1 exam

Question #: 97
Topic #: 12

[All ISEB-PM1 Questions]

Which of the following equations is used to calculate cost variance?

AEV-AC

BAC-EV

CAC+EV

DAC/EV

Show Suggested Answer

Suggested Answer: A

by Kristel at May 03, 2025, 11:06 PM

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Whitney

5 months ago

100% agree, EV - AC is the way to go!

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Aleshia

5 months ago

I thought it was AC - EV?

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Colton

6 months ago

Wait, is that really the formula? Sounds off.

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Cory

6 months ago

Nope, it's EV - AC for sure.

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Cristal

6 months ago

It's definitely EV - AC!

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Ty

6 months ago

I’m almost certain it’s EV - AC for cost variance, but I should double-check my notes just to be safe.

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Rueben

7 months ago

I keep mixing up the formulas for cost variance and schedule variance. Is it possible that AC - EV is also used somewhere?

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Stefania

7 months ago

I remember practicing a question like this, and I think it was definitely EV - AC. That feels right.

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In

7 months ago

I think cost variance is calculated using EV minus AC, but I’m not completely sure if that’s the right order.

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Ammie

7 months ago

I'm not entirely confident, but I think the formula is AC - EV, so I'll select option B just to be safe.

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Johanna

7 months ago

Okay, I remember learning this in class. The cost variance is calculated by subtracting the actual cost from the earned value, so the correct answer is A.

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Evette

8 months ago

Hmm, I'm a bit confused on this one. I know it has something to do with earned value and actual cost, but I can't quite remember the exact formula. I'll have to think this through carefully.

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Gregg

8 months ago

I'm pretty sure the formula for cost variance is EV - AC, so I'll go with option A.

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Serina

11 months ago

I'm going with B) AC-EV. It's the only one that makes sense to me, unless the project manager is trying to pull a fast one on us.

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Junita

11 months ago

AC+EV? What is this, a recipe for a delicious cost variance cake?

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Paulina

11 months ago

D) AC/EV? What kind of crazy formula is that? Cost variance is definitely calculated using the AC-EV equation, no doubt about it.

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Apolonia

10 months ago

C) AC+EV is not the right formula, it's AC-EV.

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Beckie

10 months ago

A) EV-AC is another way to calculate cost variance.

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Jospeh

10 months ago

I think the correct equation is AC-EV for calculating cost variance.

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Candida

11 months ago

AC/EV? What kind of crazy formula is that?

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Carolann

11 months ago

D) AC/EV is not the correct formula, it's actually AC-EV.

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Erin

11 months ago

B) AC-EV is the correct formula for calculating cost variance.

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Aleisha

12 months ago

Hmm, I'm a little unsure about this one. C) AC+EV doesn't sound right, but I can't decide between A and B. Guess I'll have to think it through a bit more.

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