In the context of earned value management,the ____ cost is the total direct and indirect costs incurred in accomplishing work on an activity during a given period.
A) real
B) estimated
C) actual
D) projected

Question

Quizplus · Accepted Answer

The actual cost refers to the total direct and indirect costs incurred in accomplishing work on an activity during a given period. This is a critical component of earned value management, as it is used to calculate the earned value and other key performance indicators. The other options, real, estimated, and projected costs, may be relevant in certain contexts, but they do not specifically refer to the costs incurred during a given period on a specific activity.

In the Context of Earned Value Management,the ____ Cost Is