Earned Value Management at the Portfolio Level Requires

question 75

Multiple Choice

Earned value management at the portfolio level requires:

• A)a single project manager with a single metric system.
• B)aggregation of all earned value measures across the firm's entire project portfolio.
• C)only positive variances for both budget and schedule.
• D)only negative variances for both budget and schedule.

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Definitions:

Expense Accounts

Specific categories in accounting used to record and track money spent by a business on operational activities.

Debits

Entries that are made on the left side of an account ledger, representing an increase in assets or decrease in liabilities and equity.

Credits

Entries made on the right side of accounts, representing a decrease in assets or an increase in liabilities and equity.

Customers List

A compilation of information on clients who purchase goods or services from a business, often including contact details and purchase history.