Earned Value Management Is a Powerful Cost Control Technique That

question 30

Multiple Choice

Earned value management is a powerful cost control technique that provides estimates on the likelihood the project will meet_________ requirements.

• A)schedule
• B)budget
• C)project
• D)both A and B

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Definitions:

Competitive Advantage

An attribute or set of attributes that allows an organization to outperform its competitors, including cost structure, product offerings, market positioning, and customer service.

Core Competency

Fundamental strengths or strategic advantages of a business, specifically those that allow it to stand out from competitors and deliver value to customers.

Marketplace

A venue for buying and selling goods, services, or information, either physically or virtually.

Craft Shop

A retail outlet specializing in the sale of handmade or artisanal items, typically showcasing traditional or creative crafts.