The ____ is the amount that was budgeted to accomplish 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

The cumulative budgeted cost (CBC) represents the total amount of money that was planned to be spent on a project up to a specific point in time, as outlined in the project budget. It is not the total amount that was actually spent (CAC) or the total value of completed work (CEV), and it is not a measure used in project management. The total budgeted cost (TBC) is also not a relevant option as this represents the total amount of money that was budgeted for a project over its entire duration, rather than up to a specific point in time.

The ____ Is the Amount That Was Budgeted to Accomplish