The ____ for the entire project or each work package provides a baseline against which actual cost and work performance can be compared at any time during the project.
A) total budgeted cost (TBC)
B) cumulative budgeted cost (CBC)
C) cumulative earned value (CEV)
D) cumulative actual cost (CAC)

Question

Quizplus · Accepted Answer

The cumulative budgeted cost (CBC) for the entire project or each work package serves as the baseline against which actual cost and work performance are compared at any point during the project. This allows for monitoring and controlling the project budget effectively.

The ____ for the Entire Project or Each Work Package