In Earned Value Management,schedule Variance Is Defined As

question 16

Multiple Choice

In earned value management,schedule variance is defined as:

• A)The difference between the earned value and the actual cost.
• B)The difference between the earned value and the planned value.
• C)The difference between the actual cost and the planned value.
• D)The difference between the cost and schedule performance indices multiplied by the budgeted cost at completion.

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Definitions:

Inches

A unit of measurement equal to 1/12th of a foot, used primarily in the United States and United Kingdom.

Vector Addition

A method of adding angles.

Adjacent Side

In a right-angled triangle, the side that is next to the angle in question, but is not the hypotenuse.

Opposite Side

In geometry, the side facing or diametrically opposed to a reference side in a shape or figure.