As data are collected on ____, including portions of any committed cost, they need to be totaled by work package so that they can be compared to the ____
A) planned cost, total budgeted cost.
B) budgeted cost of work scheduled, actual cost of work performed.
C) actual cost, cumulative budgeted cost.
D) cumulative earned value, total budgeted cost.

Question

Quizplus · Accepted Answer

The correct answer is C) actual cost, cumulative budgeted cost. This is because as data (actual costs) are collected, including portions of any committed cost, they need to be totaled by work package so that they can be compared to the cumulative budgeted cost to assess the financial performance of the project.

As Data Are Collected on ____, Including Portions of Any