The is the product of the percentage completed and the sum of the estimated costs of all the specific activities that make up a work package or the project.
A)total budgeted cost (TBC)
B)cumulative budgeted cost (CBC)
C)cumulative actual cost (CAC)
D)cumulative earned value (CEV)

Question

Quizplus · Accepted Answer

Cumulative earned value (CEV) is the product of the percentage completed and the sum of the estimated costs of all the specific activities that make up a work package or the project. The other options listed are different types of costs or budgeting methods.

The Is the Product of the Percentage Completed and the Sum