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a. As soon as the activity begins
b. Only after the activity has completed
c. According to the earned value accrual rules set up by the project manager
d. Determined by the Configuration Control Board in your organization
The formula for Earned Value = % of completed work X BAC. As soon activity start earning progress we can start progress reporting.
My answer is A. As soon as the activity begins
Only after the activity has completed
The earned Value is the Physical % age complete multiplied the control budget.
The Physical percentage complete can be done in many ways- based on activity steps, accrual methods defined or any project specific progress measurement system being employed.
To answer the question- activity will start earning when the physical progress is being recognised for the activity
a. As soon as the activity begins.
Because as soon as the activity begins different type of resources also being utilized.
c. According to the earned value accrual rules set up by the project manager
