All of the Following Accurately Describe Earned Value Management EXCEPT:​

question 27

Multiple Choice

All of the following accurately describe earned value management EXCEPT:​ 

• A) It is used to make predictions concerning the project schedule and cost control until the project's conclusion. 
• B) It enables a project team to understand progress in terms of both cost and schedule. 
• C) It is good for performance reporting but not for forecasting 
• D) It is used as a decision-making tool.

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Definitions:

Call Option

An agreement in finance that allows the owner the option, but not the requirement, to purchase a stock, bond, commodity, or different asset at a determined price during a defined timeframe.

Writer

In the context of options, the seller of an option contract who is obligated to meet the terms of the contract if the option is exercised.

Strike Price

The price at which the holder of an option contract can buy (call option) or sell (put option) the underlying asset.

Strike Price

The fixed price that allows the possessor of an option to either acquire (with a call option) or dispose of (with a put option) the base asset.