If operations on a work package were estimated to cost $1,500 and finish today but, instead, have cost $1,350 and are only two-thirds complete, the cost variance is_______CV is calculated by EV ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å“ AC, or $1,500(2/3) ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å“ $1,350 = -$350.

**Question:**

### If operations on a work package were estimated to cost $1,500 and finish today but, instead, have cost $1,350 and are only two-thirds complete, the cost variance is_______

**Options:**

$150

($150)

($350)

($500)

### Correct Answer

The Correct Answer for this Question is

**($350)**