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You are the project manager of the GHY project.

You are the project manager of the GHY project. Your project has a BAC of $675,000 and is forty percent complete though you were supposed to be forty-five percent complete. Due to some errors early in the project, you had to spend $278,000 of your project's budget to reach this point. Management is asking for a variance report. What part of your project has the largest variance?

A.

Cost, with a variance of -$8,000

B.

Schedule, with a variance of -$33,750

C.

Cost, with a variance of $278,000

D.

Schedule, with a variance of -$20,000

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