Multiple Choice
The positive cost variance means
A) more money was spent on the project than was planned.
B) more money was spent on the project than the value of the work performed.
C) less money was spent on the project than the value of the work performed.
D) less money was spent on the project than was planned.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: The cumulative budgeted cost is<br>A) the aggregate
Q23: The project cost estimate is allocated to<br>A)
Q24: The _ is a measure of the
Q25: It is important to manage the cash
Q26: When evaluating work packages that have a
Q28: When the budgets for all the work
Q29: Costs related to _ are for outsourced
Q30: _ is the value of the work
Q31: A third method for determining the forecasted
Q32: Calculate the forecasted cost at completion if