The Amount of Cost Budgeted for Completed Work of a Given

question 26

Multiple Choice

The amount of cost budgeted for completed work of a given activity for a given period of time best defines

• A)earned value.
• B)actual cost.
• C)scheduled cost.
• D)net present value.

---

Definitions:

Partially Satisfy

To meet or fulfill a need, requirement, or condition to some extent but not completely.

Compromise

Occurs when each party to the conflict gives up something of value to the other.

Bargaining

The process of negotiating terms and conditions between two or more parties with the aim of reaching a mutually acceptable agreement.

Win-Win Conflict

A resolution strategy where all parties involved come out ahead or benefit from the solution.