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 actual cost (CAC)
C)cumulative budgeted cost (CBC)
D)cumulative earned value (CEV)

Question

Quizplus · Accepted Answer

Cumulative budgeted cost (CBC) represents the amount that was budgeted to complete the work scheduled up to that point in time. This is different from cumulative actual cost (CAC), which represents the actual amount spent, and cumulative earned value (CEV), which represents the value of the work that has been completed so far. Total budgeted cost (TBC) is a broader term that refers to the total amount of money budgeted for the entire project.

The Is the Amount That Was Budgeted to Achieve the Work