The is the amount that was budgeted to achieve the work that was scheduled to be performed up to that point in time.
A)total budgeted cost (TBC)
B)cumulative budgeted cost (CBC)
C)cumulative actual cost (CAC)
D)cumulative earned value (CEV)

Question

Quizplus · Accepted Answer

Cumulative budgeted cost (CBC) represents the planned cost for the work that was scheduled to be completed up to a certain point in time. It is the sum of all the budgeted costs for the tasks that were planned to be completed by that point in time. The other options (TBC, CAC, and CEV) do not accurately describe the definition given in the question.

The Is the Amount That Was Budgeted to Achieve the Work