This question is giving me a headache. Let's see, negative cost variance and positive schedule variance... Sounds like a classic case of 'how to confuse an entire project team.' I'll guess D, complete.
This is a real 'glass half empty, glass half full' situation. I'm going to go with C, on schedule. That way, the project manager can at least pretend everything is fine.
Ah, the age-old question of project management Tetris. Clearly, the answer is A - under budget and behind schedule. That's the classic 'Murphy's Law' scenario.
I agree with Gaynell, because cost variance being negative means we are spending less than planned, but schedule variance being positive means we are ahead of schedule.
When I see negative cost variance and positive schedule variance, it's like the project is trying to do the hokey pokey - one foot in, one foot out. I'll go with B, over budget and ahead of schedule.
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