Question on Cost Variance
Submitted by kiranu23 on Mon, 08/09/2010 - 04:31
Forums:
You are managing a project with total budget of $ 36,000 to be finished in 1 year . You are in the end of 6th month and currently project is on schedule; however the actual cost of the project is $20,000. What is the cost variance in the project?
A. + $2000
B. - $2000
C. +$16,000
D. -$ 6,000
