If earned value (EV) = 350, actual cost (AC) = 400, planned value (PV) = 325, what is cost variance (CV)?

a) 350
b) -75
c) 400
d) -50

Question

Mohideen Siraj · Answer

Cost Variance (CV) = Earned Value (EV) - Actual Cost (AC).

Hence it proved D) -50

Mustansar Jamil · Answer

CV = EV - AC =350 - 400 = -50

Erman Farizal Daud · Answer

d) EV-AC (350-400) = -50..if im not mistaken

Muhammad samran · Answer

thanks all gave the right answer.

Oladipupo Elesha · Answer

CV = EV - AC =350 - 400 = -50

Alex Al Yazouri · Answer

d) -50

CV = EV - AC =350 - 400 = -50

Christopher Habib · Answer

D) -50 since CV = EV - AC