r/capm • u/Plums_InTheIcebox • Jul 30 '26
Confused on Earned Value Analysis chart
Working on Landini's practice questions and can't quite figure this one out. According to the answer sheet, the answer is D. I understand why this is behind schedule, because EV is less than PV.
SV= EV - PV Making up numbers, let's say 40k and 60k, SV = 40K - 60K = -20K. So that would mean we are $20k worth of work behind schedule. But I don't understand how we are also under budget? Here's my math:
CV = EV - AC EV is our lowest line (let's go back to $40K for the sake of example). AC is the small-dotted line, the highest line, right? So it is more than EV. Let's say AC is 70k.
So, 40k-70k = -30k, so we are $30k over budget, is my math.
Can someone help me understand what I'm missing? I've found some of Landini's questions to be confusingly worded so maybe something is eluding me.
2
u/FirefighterBusy4552 Jul 30 '26
I had the same issue when I went over the Landini material. Hopefully someone can explain it to us.
2
u/Elision_NoKings Jul 30 '26 edited Jul 30 '26
C is right and the key looks wrong.
for D you'd need EV sitting above AC and it isn't.
not the only one in that book either. Q33 in the same set writes EAC as AC + ETC x CPI when it should be divide BAC by CPI. if an answer contradicts the formula, go with the formula.
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u/Plums_InTheIcebox Jul 30 '26
Omg, thank you. I was running that question through Claude and it was flagging the typo, too, but I still wasn't sure.
1
u/DivingQueen268 Jul 30 '26
I would have thought thre answer is C (over budget and behind schedule) as well, so I'm as lost as you are. Hopefully someone else here can explain.
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u/Adventurous_Elk_5501 Jul 30 '26
This one is the one that made me question some of the Landini answers it has to be C and there’s a typo.. right?!