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Question:

Using the provided information, determine whether the project schedule is ahead of or behind what was planned for this period.
EV = 95, PV = 85, AC = 100

A Ahead, because the result of the variance formula is positive.
explanation

Schedule variance indicates whether the schedule is ahead or behind what was planned for this period. In this case, the formula to calculate schedule variance is: 95 – 85 = 10. The result is positive; therefore, the project has been ahead of schedule for this time period.

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