Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Earned value analysis is a performance reporting tool/ technique. Which of the following best describes earned value (EV)?

A. Efficiency indicator to reflect cost performance of project B. Value of the work completed C. Portion of approved cost estimate planned to be spent D. Efficiency indicator to reflect schedule performance of project E. Total of costs incurred in performing work activity

Earned Value Management Project Management Human Resources
user-image
Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2019/05/30
Upvote (0) Views (3) Followers (4) Answers (3) Report Question
Write an Answer
Register now or log in to answer.
Deleted user
by Deleted user

The answer is Option A. However Option D is the resultant of the EV analysis against the Plan.

Hafiz Muhammad Azeem
by Hafiz Muhammad Azeem , Senior Planning Engineer , SNC-LAVALIN

A. Efficiency indicator to reflect cost performance

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

B. Value of the work completed --------------

Write Your Answer
More Questions Like This