Question: A positive result from a Cost Variance (CV) calculation means which of the following: options: EV is higher than AC AC is higher than EV

A positive result from a Cost Variance (CV) calculation means which of the following:

options: EV is higher than AC

AC is higher than EV

CPI = 1

EV is higher than PV

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!