Earned Value Management Is Also Known As

question 102

Multiple Choice

Earned value management is also known as:

• A)The golden triangle method (GTM).
• B)The achieved value method (AVM).
• C)The program evaluation and review method (PERM).
• D)Earned value analysis (EVA).

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Definitions:

Maximizing Revenue

Strategies or actions aimed at increasing the total income generated from sales of goods or services, while considering costs and market demand.

Service Dimension

Various attributes of service including reliability, responsiveness, assurance, empathy, and tangibles that affect customer perceptions.

Spoilage

The deterioration or loss of goods, especially perishable items, due to factors such as time, temperature, or handling.

Spill

The unintended release of a substance, especially hazardous or contaminating, into an environment, necessitating a cleanup or containment response.