In Earned Value Management,schedule Variance Is Defined As

question 16

Multiple Choice

In earned value management,schedule variance is defined as:

• A)The difference between the earned value and the actual cost.
• B)The difference between the earned value and the planned value.
• C)The difference between the actual cost and the planned value.
• D)The difference between the cost and schedule performance indices multiplied by the budgeted cost at completion.

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Definitions:

Governments

Central or local governmental bodies that manage and administer public policies, laws, and services within a specified territory.

Disorderly Fluctuations

Irregular and unpredictable changes in financial or commodity markets that can cause instability.

Dollar-Pound Exchange Rate

The rate at which the currency of the United States (dollar) can be exchanged for the currency of the United Kingdom (pound sterling).

Central Bank

An institution that manages a state's currency, money supply, and interest rates, often overseeing the commercial banking system of its country.