n Earned Value System used to monitor project progress includes comparison of
A)Actual costs versus budget
B)Schedule progress versus plan
C)Quality progress versus plan
D)Both A and B are correct
E)A, B, and C are all correct

Question

Quizplus · Accepted Answer

The earned value system starts with the time-phased costs that provide the project budget baseline, which is called the planned budgeted value of the work scheduled (PV).Given this time-phased baseline, comparisons are made with actual and planned schedule and costs using earned value.The earned value approach provides the missing links not found in conventional cost-budget systems.

N Earned Value System Used to Monitor Project Progress Includes