The Earned Value of a Project Is the

question 55

Multiple Choice

The earned value of a project is the

• A)Project cost to date adjusted for project scope changes.
• B)Total project cost to date.
• C)Cost incurred minus the planned cost.
• D)Percent of the original budget that has been earned by actual work.
• E)The planned time-phased baseline of the value of work scheduled.

---

Definitions:

Revenue

The total amount of money generated by a company from its normal business activities, typically from the sale of goods and services to customers.

Supply Chain Performance

A measurement of how effectively and efficiently a supply chain fulfills customer demands and operates in terms of cost, quality, and speed.

Transportation

The process or activity of moving goods and products from one location to another, a crucial component of the logistics and supply chain management.

Information

Data that has been processed, organized, or structured in a way that it becomes meaningful or useful to the recipient.