What Is the Difference Between Planned Value PV) and Earned

question 8

Multiple Choice

What is the difference between planned value PV) and earned value EV) ?

• A) Planned value is the budget set out for the project and earned value is the expected return for the project
• B) Planned value is the expected return for the project and earned value is the budget set out for the project
• C) Planned value is the budget set out for the project and earned value is the value of the work completed up to a specified date in the project, based on the initial value specified for each deliverable or work package
• D) Planned value is the value of the work completed up to a specified date in the project, based on the initial value specified for each deliverable or work package and earned value is the budget set out for the project
• E) There is no difference - planned value and earned value are interchangeable terms

---

Definitions:

Growing Annuity

A series of cash flows that grow at a consistent rate over time, typically used in retirement or investment calculations.

Cash Flow Growth Rate

The rate at which a company's cash flow from operations grows over a specific period, reflecting its financial performance and stability.

Rental Property

Real estate property that is leased or rented out to tenants, generating income for the owner.

Return Requirement

The minimum expected rate of return necessary for an investment to be considered worthwhile by an investor, reflecting the risk level.