The ____ is the amount that was budgeted to accomplish the work that was schedule 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) is the amount of money budgeted to complete a particular project up to a certain point in time. This represents the total amount of money that was planned to be spent on the project at that point in time, regardless of whether or not it was actually expended. Total budgeted cost (TBC) refers to the total amount of money that was budgeted to complete the entire project, not just up to a certain point in time. Cumulative actual cost (CAC) refers to the actual amount of money that has been expended up to a certain point in time. Cumulative earned value (CEV) is a measure of how much work has actually been completed up to a certain point in time, expressed in terms of the budgeted cost of that work.

The ____ Is the Amount That Was Budgeted to Accomplish