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​​​​​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

  1. (-)Rs. $50$
  2. (-)$50$ days
  3. (+)Rs. $50$
  4. (+)$50$ days

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