CAPM (Certified Associate in Project Management) 2026 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 885

What does variance analysis help to determine?

If the project is under budget

If variances exist that require action

Variance analysis is a technique used to compare actual performance with planned or expected performance in order to identify any discrepancies or variances. It helps to determine if there are significant variances that require further action or attention in order to keep the project on track.

Option A is incorrect because variance analysis does not solely focus on determining if the project is under budget; it looks at overall performance and any deviations from expected outcomes.

Option C is incorrect because project scope is not directly related to variance analysis.

Option D is incorrect because variance analysis does not assess the feasibility of the timeline, but rather looks at actual performance compared to the planned timeline.

Get further explanation with Examzify DeepDiveBeta

If the project scope is adequate

If the timeline is feasible

Next Question

Report this question

Download CAPM (Certified Associate in Project Management) Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy