Which of the following statements is true in comparing the standard S-curve evaluation with the EVM variance?
A)Unlike the standard S-curve evaluation,the EVM variance is meaningful because it is based not simply on the budget spent but on value earned.
B)Unlike the EVM variance,the standard S-curve evaluation is meaningful because it is based simply on the budget spent.
C)Both the standard S-curve evaluation and the EVM variance are based on the budget spent.
D)Both the standard S-curve evaluation and the EVM variance are based on the value earned.

Question

Quizplus · Accepted Answer

The statement "Unlike the standard S-curve evaluation, the EVM variance is meaningful because it is based not simply on the budget spent but on value earned" is true. While the standard S-curve evaluation evaluates project progress based solely on the budget spent, EVM variance takes into account the value earned and progress achieved. Therefore, it provides a more accurate assessment of project performance.

Which of the Following Statements Is True in Comparing the Standard