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 actual work.
E)The planned time-phased baseline of the value of work scheduled.

Question

Quizplus · Accepted Answer

Earned value for a task is simply the percent complete multiplied by the original budget.Stated differently, EV is the percent of the original budget that has been earned by actual work completed.

The Earned Value of a Project Is the