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Exam CCP Topic 2 Question 158 Discussion

Actual exam question for AACE International's CCP exam
Question #: 158
Topic #: 2
After collecting the control information on a light rail project within an original budget of 200.000work hours, the construction contractor is ready for their monthly progress meeting with the client.
A total of 100.000 work hours have boon scheduled to date. with 105.000 work hours earned, and 110.000 work hours paid. The stated progress by the contractor Is 60%.
What is the schedule variance (SV)?

Suggested Answer: D Vote an answer

Schedule Variance (SV) is another EVM metric that measures the difference between the work performed and the work scheduled.
Key Points:
SV Formula:
SV = BCWP - BCWS
BCWP = 105,000 work hours
BCWS = 100,000 work hours
Calculation:
SV = 105,000 - 100,000 = 5,000 work hours
Interpretation:
A positive SV indicates that the project is ahead of schedule, as more work has been performed than was planned.
Conclusion: The correct answer is D. BCWP - BCWS = 105,000 - 100,000 = 5,000 because this calculation accurately reflects the schedule variance of the project.

by Xanthe at Oct 11, 2024, 07:15 AM

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