Earned value management jointly considers the impact of:
A)Planned time and planned cost.
B)Project performance and actual cost.
C)Project performance,cost,and time.
D)Planned cost,planned performance,and time.

Question

Quizplus · Accepted Answer

Earned value management (EVM) is a project management technique that measures project performance by combining measurements of scope, time, and cost. Therefore, the impact of project performance, cost, and time are jointly considered in EVM. Option A only considers planned time and cost, while option B only considers project performance and actual cost. Option D adds "planned performance," which is not a common term used in EVM.

Earned Value Management Jointly Considers the Impact Of