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:

Empower Employees

The practice of giving employees the authority, resources, and support they need to achieve results, thereby increasing their sense of control and satisfaction in their work.

Decision-making

The process of identifying and choosing alternatives based on the values and preferences of the decision maker.

Legitimate Power

a form of power that is recognized as lawful and right, often derived from an official position or role within an organization.

David McClelland

An American psychologist known for his work on motivation theory, which includes the needs for achievement, power, and affiliation.