In earned value analysis,the __________ is computed as the earned value minus the actual cost of work performed.
A)schedule variance
B)cost variance
C)time variance
D)CPI

Question

Quizplus · Accepted Answer

The cost variance is computed as the earned value minus the actual cost of work performed and represents the difference between the budgeted cost of work performed and the actual cost of work performed. This helps to determine whether the project is above or below the budgeted cost at any given point in time.

In Earned Value Analysis,the __________ Is Computed as the Earned