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PMI PgMP Exam - Topic 3 Question 120 Discussion

You are the program manager of the HNG Program. This program has a budget at completion of $2,345,900 and is expected to last two years. The program is currently 30 percent complete and you have spent$789,000. The program is supposed to be 35 percent complete but do to some delays you're slightly behind schedule. Based on this information, what is the schedule variance (SV) of this program?
D) -$117,295
A) -$85,230
B) $821,065
C) -$284,100

PMI PgMP Exam - Topic 3 Question 120 Discussion

Actual exam question for PMI's PgMP exam
Question #: 120
Topic #: 3
[All PgMP Questions]

You are the program manager of the HNG Program. This program has a budget at completion of $2,345,900 and is expected to last two years. The program is currently 30 percent complete and you have spent

$789,000. The program is supposed to be 35 percent complete but do to some delays you're slightly behind schedule. Based on this information, what is the schedule variance (SV) of this program?

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Suggested Answer: D

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Crista
22 hours ago
I think the answer is A) -$85,230. It makes sense with the numbers given.
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Andra
6 days ago
This question is tricky. I feel a bit confused about the calculations.
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Felicitas
11 days ago
This seems off, are we sure about those percentages?
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Vicente
16 days ago
I think the answer is A, but I'm not sure.
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Berry
22 days ago
Wait, how did we end up behind schedule?
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Monroe
27 days ago
Totally agree, it's all about the earned value!
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Vilma
1 month ago
SV is calculated as EV - PV, right?
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Ona
1 month ago
I believe the earned value is the actual cost spent so far, but I’m not sure how to relate it to the completion percentage. This one seems tricky!
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Lenna
1 month ago
I practiced a similar question where we had to find the schedule variance, and I think I ended up using the formula SV = EV - PV. But I'm a bit confused about the numbers here.
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Maryann
2 months ago
If I recall correctly, the planned value should be based on the budget at completion and the percentage of completion. So, I guess we need to calculate that first?
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Carylon
2 months ago
I think I remember that schedule variance is calculated by subtracting the planned value from the earned value. But I'm not entirely sure how to find those values here.
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