Which of the Following Does NOT Correctly Pair the Terminology

question 1

Multiple Choice

Which of the following does NOT correctly pair the terminology used in the earned value management (EVM) method with its description?

• A)planned value: a cost estimate of the resources used across the project's life cycle
• B)earned value: the value of the work actually performed to date
• C)actual cost of the work performed: the cumulative total cost of completing the project's work packages
• D)budgeted cost at completion: the total budget for a project at its completion

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Definitions:

Imaginary Unit

The square root of negative one, denoted by \(i\), used in complex number calculations.

Standard Form

A way of writing down very large or very small numbers easily, or a way to write equations in a specific format.

Model

A representation or abstraction of a real-world situation, phenomenon, or system, often used for analysis or prediction.

Thousands Passengers

Thousands Passengers refer to a unit of measurement, often used in transportation statistics, to quantify the number of passengers in multiples of thousands.