New Year Sale ! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

GAQM Exam APM-001 Topic 1 Question 60 Discussion

Actual exam question for GAQM's APM-001 exam
Question #: 60
Topic #: 1
[All APM-001 Questions]

When cost variance is negative and schedule variance is positive, the project is:

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

Lenna
2 months ago
I'm just going to guess C) on schedule. It's the only one that doesn't sound like a complete disaster, and hey, maybe I'll get lucky!
upvoted 0 times
Ashlyn
1 months ago
D) complete; all planned values have been earned.
upvoted 0 times
...
Corrinne
1 months ago
C) on schedule.
upvoted 0 times
...
Rebbeca
1 months ago
C) on schedule.
upvoted 0 times
...
Ludivina
1 months ago
B) over budget and ahead of schedule.
upvoted 0 times
...
Francine
2 months ago
B) over budget and ahead of schedule.
upvoted 0 times
...
Mitsue
2 months ago
A) under budget and behind schedule.
upvoted 0 times
...
Benedict
2 months ago
A) under budget and behind schedule.
upvoted 0 times
...
...
Macy
3 months ago
This one's tricky. If we're over budget but ahead of schedule, does that mean we're just really efficient at spending money? I'll go with B) and hope for the best.
upvoted 0 times
Lai
1 months ago
User 3: Sounds good, let's hope for the best!
upvoted 0 times
...
Linsey
2 months ago
User 2: I agree, let's go with option B) then.
upvoted 0 times
...
Jacklyn
2 months ago
User 1: I think being over budget but ahead of schedule means we're efficient.
upvoted 0 times
...
...
Shelia
3 months ago
Wait, if we're over budget and ahead of schedule, how can that be? Isn't that kind of like having your cake and eating it too? I'm gonna go with B) just to be safe.
upvoted 0 times
Sharee
2 months ago
User 4: I'm gonna go with option B) as well, just to be safe.
upvoted 0 times
...
Youlanda
2 months ago
User 3: Yeah, that's right. It's like having your cake and eating it too.
upvoted 0 times
...
Shizue
2 months ago
So we're over budget, but we're ahead of schedule?
upvoted 0 times
...
Barrett
2 months ago
I think it means we're spending more money than planned, but we're getting the work done faster than expected.
upvoted 0 times
...
...
Latia
3 months ago
I agree with Glenn, option A is the most logical choice based on the given scenario.
upvoted 0 times
...
Glenn
3 months ago
I think option A makes sense because negative cost variance means spending less than planned, but positive schedule variance means completing work faster than planned.
upvoted 0 times
...
Aracelis
3 months ago
Hmm, if the cost variance is negative, that means we're over budget, but the schedule variance is positive, so we must be ahead of schedule. B) seems like the correct choice here.
upvoted 0 times
Marge
2 months ago
It seems like B) is the best option when cost variance is negative and schedule variance is positive.
upvoted 0 times
...
Eulah
2 months ago
That's right, B) over budget and ahead of schedule is the correct answer in this case.
upvoted 0 times
...
Rikki
2 months ago
I agree, if we're over budget but ahead of schedule, then B) makes sense.
upvoted 0 times
...
...
Starr
3 months ago
A) under budget and behind schedule.
upvoted 0 times
...

Save Cancel