The first step in earned value management is to:
A)create the activity and resource usage schedules.
B)develop a time-phased budget that shows expenditures across the project's life.
C)total the actual costs of doing each task to arrive at the actual cost of work performed.
D)clearly define each activity that will be performed including its resource needs and budget.

Question

Quizplus · Accepted Answer

The first step in earned value management is to clearly define each activity that will be performed including its resource needs and budget. This forms the basis for the time-phased budget and the actual cost of work performed calculations that come later in the process.

The First Step in Earned Value Management Is To