AACE International Certified Cost Professional (CCP) Exam CCP Question # 48 Topic 5 Discussion

AACE International Certified Cost Professional (CCP) Exam CCP Question # 48 Topic 5 Discussion

CCP Exam Topic 5 Question 48 Discussion:
Question #: 48
Topic #: 5

After collecting the control information on a light rail project within an original budget of 200.000work hours, the construction contractor is ready for their monthly progress meeting with the client.

A total of 100.000 work hours have boon scheduled to date. with 105.000 work hours earned, and 110.000 work hours paid. The stated progress by the contractor Is 60%.

What is the schedule variance (SV)?


A.

BCWS - BCWP = 100.000 – 105,000 = -5,000


B.

ACWP - BCWS = 110.000 – 100,000 = 10,000


C.

BCWS -ACWP = 100.000 – 110,000 - -10,000


D.

BCWP - BCWS = 105.000 - 100.000 =- 5,000


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