What is the schedule variance

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Reference no: EM133828776

Question

As a private contractor you have to fix lighting fixtures in a 200 room hotel. There are 5 lighting fixtures in each room. The approved budget is $500,000 and project should be completed in a time span of 14 weeks. After 8 weeks, you have 110 of the rooms completed, and you have spent $250,000. What is the schedule variance (SV)?

Reference no: EM133828776

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