The First Step in Earned Value Management Is To

question 53

Multiple Choice

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.

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Definitions:

Transcription

The process by which the information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA), initiating gene expression.

Translation

The process in which cellular ribosomes create proteins, mapping instructions from mRNA to synthesize the specific protein.

Amino Acids

Organic compounds that combine to form proteins, serving as the building blocks of life.

Protein Synthesis

The biological process by which cells generate new proteins from amino acids based on instructions encoded in DNA.