The earned value system starts with the time-phased costs that provide the project baseline, which is called the
A) planned budgeted value of work scheduled.
B) planned budgeted value of work completed.
C) earned value of work scheduled.
D) scheduled value of work scheduled.
E) scheduled value of work completed.

Question

Quizplus · Accepted Answer

The earned value system starts with the time-phased costs that provide the project baseline, which is called the planned budgeted value of work scheduled (PBWS). This represents the budget allocated for the work scheduled to be completed by a certain date.

The Earned Value System Starts with the Time-Phased Costs That