Question
Structural Engineering Question on Construction Management
Consider the following data for a project of 300 days duration.
Budgeted Cost of Work Scheduled (BCWS) = Rs. 200
Budgeted Cost of Work Performed (BCWP) = Rs. 150
Actual Cost of Work Performed (ACWP) = Rs. 190
The 'schedule variance' for the project is
A
(-)Rs. 50
B
(-)50 days
C
(+)Rs. 50
D
(+)50 days
Answer
(-)Rs. 50
Explanation
Solution
The correct option is (A) : (-)Rs. 50.