6 Questions
Which of the following best describes Earned Value (EV)?
The budgeted cost of the work actually completed at a given point in time
What does Earned Value (EV) measure?
The actual cost of the work completed
Which of the following is true about Earned Value (EV)?
It represents the budgeted cost of the work actually completed
Which of the following statements is true about Schedule Variance (SV)?
SV measures the difference between the earned value and the planned value.
What does a positive Schedule Variance (SV) indicate?
The project is ahead of schedule.
What does a negative Schedule Variance (SV) indicate?
The project is behind schedule.
Test your knowledge on Earned Value (EV) with this quiz. Learn what Earned Value (EV) measures and discover key facts about its importance in project management.
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