In the context of earned value management,the ____ value is that portion of the approved total cost estimate planned to be spent on an activity during a given period.
A) present
B) future
C) anticipated
D) planned

Question

Quizplus · Accepted Answer

The planned value is the amount planned to be spent on an activity during a specific time period, as per the approved total cost estimate. This value is usually determined in advance and serves as the basis for measuring progress and performance using earned value management techniques. Option A (present value) refers to the current worth of a future amount of money, while option B (future value) refers to the estimated value of an investment at a future date. Option C (anticipated value) is not a standard term used in earned value management.

In the Context of Earned Value Management,the ____ Value Is