The Earned Value of a Project Is the

question 43

Multiple Choice

The earned value of a project is the

• A) project cost to date adjusted for project scope changes.
• B) total project cost to date.
• C) cost incurred minus the planned cost.
• D) percent of the original budget that has been earned by work that is completed.
• E) the planned time-phased baseline of the value of work scheduled.

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Definitions:

Leverage

Describes the use of borrowed capital or debt to increase the potential return of an investment or project.

Asset Management

The process of developing, operating, maintaining, and selling assets in a cost-effective manner, commonly used in finance to refer to managing investments.

Profitability

The state or condition of yielding financial profit or gain, often measured as a ratio of net profits to total assets.

Breakeven Point

The point where revenues just equal costs.