Which of the following compares cost deviations only and does not take schedule into account?
A)earned value
B)actual costs
C)cost variance
D)variable costs

Question

Quizplus · Accepted Answer

Cost variance is the measurement of the difference between the budgeted cost for the work performed and the actual cost of the work performed. It compares only the cost deviations and does not take the schedule into account. Earned value takes both cost and schedule into account, actual costs are the actual expenditures for the work completed, and variable costs are costs that change with the level of production.

Which of the Following Compares Cost Deviations Only and Does