Take the Factors Considered by Earned Value Analysis and Subtract

question 76

Multiple Choice

Take the factors considered by earned value analysis and subtract those considered by project S-curves.The factor(s) you have remaining are:

• A)performance and cost.
• B)cost and schedule.
• C)time.
• D)performance.

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Definitions:

Allocation Base

A factor or criterion used for distributing overhead costs to products or services, based on activities such as direct labor hours or machine hours.

Departmental Overhead Rates

The method of allocating overhead (indirect costs) to specific departments based on relevant criteria, such as department size or usage.

Direct Labor Hour

A direct labor hour is a measure of the amount of time a worker spends directly manufacturing a product or providing a service, often used to allocate labor costs in production.

Finishing Department

The final phase in a manufacturing process where products undergo final touch-ups, quality assurance checks, and packaging.