In earned value management analysis,the cumulative amount of the budget becomes the:
A)planned value.
B)scheduled value.
C)cost basis.
D)cost driver.

Question

Quizplus · Accepted Answer

In earned value management analysis, the cumulative amount of the budget becomes the Planned Value, also known as the Budgeted Cost of Work Scheduled (BCWS). This represents the estimated total cost of the work that was planned to be completed up to a certain point in time, based on the approved budget for the project. Therefore, the correct choice is (A) planned value.

In Earned Value Management Analysis,the Cumulative Amount of the Budget