While reviewing project performance, the project manager determines that the schedule variance is -500. What is the BEST thing to do?
A.
Let the sponsor know.
B.
Determine the cost variance.
C.
Look for activities that can be done in parallel.
D.
Move resources from the project to one that is not failing.
I believe that answer C is better.
7.4.2.1 Schedule variance. Schedule variance (SV) is a measure of schedule performance expressed as the difference between the earned value and the planned value. It is the amount by which the project is ahead or behind the planned delivery date, at a given point in time. It is a measure of schedule performance on a project. It is equal to the earned value (EV) minus the planned value (PV). The EVM schedule variance is a useful metric in that it can indicate when a project is falling behind or is ahead of its baseline schedule.
It mean that the project is behind schedule and PM have to improve performance to be on time.
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