When reviewing the cost variance on a project, you compare Earned Value with
A) actual cost.
B) realized risks.
C) planned value.
D) Both actual cost and planned value.
E) All of these alternatives are correct.

Question

Quizplus · Accepted Answer

Cost variance in project management is calculated by comparing the Earned Value (EV) with the Actual Cost (AC), not with realized risks or planned value.

When Reviewing the Cost Variance on a Project, You Compare