All of the following accurately describe earned value management EXCEPT:
A) It is used to objectively measure project performance and progress.
B) It enables a project team to understand progress in terms of both cost and schedule.
C) It is good for performance reporting but not for forecasting
D) It is in essence a decision-making tool.

Question

Quizplus · Accepted Answer

Earned value management is not only good for performance reporting but also for forecasting. It helps project managers to project future performance based on the current performance data.

All of the Following Accurately Describe Earned Value Management EXCEPT