A project budget identifies $5,000 budgeted for programming costs. The actual amount for programming costs is $5,450.
Question:
A project budget identifies $5,000 budgeted for programming costs. The actual amount for programming costs is
$5,450. Which of the following statements is correct?
a. The $450 represents a negative variance to the budget
b. There is no variance to the budget
c. The $450 represents a positive variance to the budget
d. The entire $5,450 represents a positive variance to the budget
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Related Book For 
Project Management Achieving Competitive Advantage
ISBN: 9781292269146
5th Global Edition
Authors: Jeffrey K.Pinto
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