Query

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Prachi Bansal
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Query

Postby Prachi Bansal Sun Mar 11, 2018 1:01 am

What should be the correct answer and why?

Variance analysis refers to cost performance measurements used to assess the magnitude of variation in comparison to the original cost baseline. What is the trend on the percentage range of acceptable variances as the project progresses?


The percentage range of acceptable variances will tend to decrease as the project progresses.


The percentage range of acceptable variances will tend to increase as the project progresses.


The percentage range of acceptable variances will tend to decrease first and then increase as the project progresses beyond 50% completion.


The percentage range of acceptable variances remains the same as the project progresses.
manishpn
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Re: Query

Postby manishpn Sun Apr 15, 2018 4:30 pm

as project progresses we know more and accuracy level is expected to improve and variance level is expected to decrease, option A seems to be correct.
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