Determining the Earned Value Involves Collecting Data on the Percent

question 90

Multiple Choice

Determining the earned value involves collecting data on the percent complete for each work package and then converting this percentage to a dollar amount by multiplying the ____ of the work package by the percent complete.

• A) total budgeted cost (TBC)
• B) cumulative budgeted cost (CBC)
• C) cumulative earned value (CEV)
• D) cumulative actual cost (CAC)

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Definitions:

Gratification

The state of being pleased or fulfilled.

Desires

Intense desires or aspirations for something to occur or exist.

Continuing Desire

An ongoing or persistent yearning or craving for something, often with emotional significance.

Indiscriminately

Without making distinctions or showing a discernible pattern; randomly or haphazardly.