The ___________ is calculated as (actual progress / scheduled progress)× (budgeted cost / actual cost)
A)critical ratio
B)highlighted ratio
C)cybernetic ratio
D)efficiency ratio

Question

Quizplus · Accepted Answer

The critical ratio is calculated to determine the progress of a project or task by measuring the ratio of actual progress to scheduled progress against the ratio of budgeted cost to actual cost. It helps to identify if the project is on track, behind schedule, or ahead of schedule.

The ___________ Is Calculated as (Actual Progress / Scheduled Progress)×