Exams › GATE › Technical
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
- (−) Rs. 50
- (−)50 days
- (+) Rs. 50
- (+)50 days
Correct answer: (−) Rs. 50
Solution
The schedule variance is calculated by subtracting the Budgeted Cost of Work Scheduled (BCWS) from the Budgeted Cost of Work Performed (BCWP). In this case, BCWP (Rs. 150) minus BCWS (Rs. 200) results in a negative variance of Rs. 50, indicating that the project is behind schedule.
Related GATE Technical questions
- For a thin-walled section shown in the figure, points P, Q, and R are located on the major bending axis X - X of the section. Point Q is located on the web whereas point S is located at the intersection of the web and the top flange of the section. Qualitatively, the shear center of the section lies at
- The structural design method that DOES NOT take into account the safety factors on the design loads is
- Which one of the following saturated fine-grained soils can attain a negative Skempton’s pore pressure coefficient (A)?
- The following figure shows a plot between shear stress and velocity gradient for materials/fluids P, Q, R, S, and T. Which one of the following options is CORRECT?
- Which one of the following products is NOT obtained in anaerobic decomposition of glucose?
- For a reconnaissance survey, it is necessary to obtain vertical aerial photographs of a terrain at an average scale of 1:13000 using a camera. If the permissible flying height is assumed as 3000 m above a datum and the average terrain elevation is 1050 m above the datum, the required focal length (in mm) of the camera is
⚔️ Practice GATE Technical free + battle 1v1 →