You are the project manager of the NHL Project for your organization. You are working with your project team to create the schedule baseline for this project. According to you, which of the following statements describes how the schedule baseline is created?
Your schedule variance is -$33,750. You can find this by using the formula earned value-
minus planned.
Answer option C is incorrect. Cost is not the largest variance in the project.
Answer option A is incorrect. Cost is not the largest variance in the project (it is -$8,000).
Answer option D is incorrect. -$20,000 is the variance at completion for the project.
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