The first step in earned value management is to:
A)Create the activity and resource usage schedules.
B)Develop a time-phased budget that shows expenditures across the project's life.
C)Total the actual costs of doing each task to arrive at the actual cost of work performed.
D)Clearly define each activity that will be performed including its resource needs and budget.

Question

Quizplus · Accepted Answer

The first step in earned value management is to clearly define each activity, including its resource needs and budget, to establish a baseline for measuring project performance.

The First Step in Earned Value Management Is To