A Schedule Variance Report is generated when a project is slipping off its planned schedule. This report includes details about the variance between the planned schedule and the actual progress, along with an explanation of the problem causing the delay. It helps project managers understand how far behind (or ahead) the project is and take corrective action.
Thre is not an accurate reference in BABOK v3 to this report, but you can handle the correct answer thinking about the meaning of variance and the context of the question.
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