CAPM (Certified Associate in Project Management) Practice Exam

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What does a positive Schedule Variance (SV) indicate?

  1. The project is exactly on schedule

  2. The project is behind schedule

  3. The project is over budget

  4. The project is ahead of schedule

The correct answer is: The project is ahead of schedule

A positive Schedule Variance (SV) indicates that the project is ahead of schedule. This means that the planned progress and work completed are ahead of the scheduled timeline. Option A is incorrect because being exactly on schedule would have an SV of 0. Option B is incorrect because a negative SV indicates that the project is behind schedule. Option C is incorrect because a positive SV indicates schedule progress, not budget performance. Therefore, option D is the correct answer.