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Professional in Project Management (PPM) Questions 221–225 (page: 46)

Updated On: 10-Feb-2026

Which of the following statements is true regarding schedule variances?

  1. Schedule variances never impact the schedule.
  2. Schedule variances sometimes impact the schedule.
  3. Schedule variances impact scope, which impacts the schedule.
  4. Schedule variances always impact the schedule.

Answer(s): B

Explanation:

Schedule variances will sometimes-but not always-impact the schedule. Changes to non- critical path tasks will not likely impact the schedule, but changes to critical path tasks will always impact the schedule.



Which is not an example of formal communication?

  1. Contract
  2. email
  3. Project status report
  4. Status meeting

Answer(s): B

Explanation:

Communication via email is not considered a formal communication.



You know that PV = 470, AC = 430, EV = 480, EAC = 500, and BAC = 525.
What is VAC?

  1. 25
  2. 30
  3. 20
  4. 70

Answer(s): A

Explanation:

VAC is calculated this way: VAC = BAC - EAC. Therefore, 525 - 500 = 25.



In general, attempts to smooth out period to period resources will _____ the scheduled time and _____ project costs.

  1. Increase, increase
  2. Decrease, decrease.
  3. Increase, decrease.
  4. Increase, increase or decrease.
  5. Decrease, increase.

Answer(s): A



Bar charts are most appropriate for:

  1. Showing slack time.
  2. Comparing actual to planned performance to each activity.
  3. All of the other alternatives apply.
  4. Showing critical path dependencies.
  5. Showing which activities can be rearranged in parallel.

Answer(s): B



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