Which of the following does NOT correctly pair the terminology used in the earned value management (EVM) method with its description?
A) planned value: a cost estimate of the resources used across the project's life cycle
B) earned value: the value of the work actually performed to date
C) actual cost of the work performed: the cumulative total cost of completing the project's work packages
D) budgeted cost at completion: the total budget for a project at its completion
Correct Answer:
Verified
Q31: The cost of the project is given
Q32: The work breakdown structure identifies _.
A)each of
Q33: Value generated by a project is _.
A)the
Q34: The time-phased budget _.
A)identifies the correct sequencing
Q35: Planned value is _.
A)the total budget
B)a way
Q37: Which of the following statements is true
Q38: The work breakdown structure _.
A)identifies the individual
Q39: In calculating the probability of a project
Q40: The project's baseline _.
A)is the standard against
Q41: If a project has an expected completion
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents