The earned value of a project is the
A) project cost to date adjusted for project scope changes.
B) total project cost to date.
C) cost incurred minus the planned cost.
D) percent of the original budget that has been earned by work that is completed.
E) the planned time-phased baseline of the value of work scheduled.

Question

Quizplus · Accepted Answer

The earned value of a project represents the value of the work actually completed to date, compared to the original budget, hence it is the percent of the original budget that has been earned by work that is completed.

The Earned Value of a Project Is the