A standard procedure for numerically measuring a project's progress is referred to as a(n)
A)program evaluation and review technique (PERT).
B)critical path method (CPM).
C)Gantt chart.
D)earned value analysis.

Question

Quizplus · Accepted Answer

The earned value analysis is a standard procedure for numerically measuring a project's progress. It measures the project's progress by comparing the budgeted cost of work performed against the actual cost of work performed. This helps to identify any variances in the project's schedule or budget, and provides a clear picture of the project's overall performance. PERT, CPM, and Gantt charts are also project management tools, but they do not provide a numerical measurement of a project's progress like earned value analysis does.

A Standard Procedure for Numerically Measuring a Project's Progress Is