Submitted by ambahnaresh on Wed, 05/19/2010 - 15:11
Can some one explain in detail about the answer reason:-
What would be the best explanation of the following: Both the cost variance and schedule variance are negative, but the cost variance is lower than a schedule variance.
1. The project underspent because all work was not completed, but overspent work that was completed
2. The project underspent due to increase cost and yet completed some activity faster
3. The project activities took longer then excepted, but cost were lower
4. The project underspent., because cost were lower then planned and activities were easier to complete then planned