Earned Value Is Based on the Concept That the Percentage

question 9

Multiple Choice

Earned value is based on the concept that the percentage of project completion is closely correlated with __________.

• A)the number of levels in the project
• B)relevance of the project
• C)cost or the use of resources
• D)final assembly of the output

---

Definitions:

Control Problems

Issues that arise in contexts where one party (the principal) delegates tasks to another party (the agent), who may have different interests or information.

Proxy Fights

Efforts by a group of shareholders to alter company management or policies by persuading other shareholders to vote in a way that is contrary to the current management's wishes.

Agency Problem

A conflict of interest arising between parties in a transaction, typically between the principals (owners) and the agents (managers) of a company, where the agent may not act in the best interest of the principal.

Merger

The combination of two or more companies into a single company, where they operate as a single legal entity.