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A. Actual cost of work performed.B. Completed work value.C. Budgeted cost of work performed.D. Percent complete.E. All except A.
Earned Value is an approach where you monitor the project plan, actual work, and work-completed value to see if a project is on track. Earned Value shows how much of the budget and time should have been spent, with regard to the amount of work done so far. so answer C
....... I Go With E Option :)
Current performance is the best indicator of future performance, and therefore using trend data, it is possible to forecast cost or schedule overruns at an early stage in a project. The most comprehensive trend analysis technique is the Earned Value method.
In a nutshell, Earned Value is an approach where you monitor the project plan, actual work, and work-completed value to see if a project is on track. Earned Value shows how much of the budget and time should have been spent, with regard to the amount of work done so far.
Here are five other definitions:
I will go for option E
E. All except A.
From an accounting point of view its C!
Earned value is:
C. Budgeted cost of work performed.
i think it is choice B