Consider a Project That Involves Painting Five Similar Houses Over

question 98

Multiple Choice

Consider a project that involves painting five similar houses over ten weeks (one house every two weeks) for a total budgeted cost of $20,000.The budget is $4,000 per house.At of the end of week 5, you determine that $10,000 has actually been spent and three houses have been painted completely. What is the earned value of the project?

• A) $10,000
• B) $12,000
• C) $4,000
• D) $20,000

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Definitions:

Grapevine

An informal communication network within an organization, which is not officially sanctioned but plays a crucial role in the circulation of information.

Single Strand Chains

Polymers or molecules that consist of a single linear sequence of units or monomers, not branched or networked.

Lowest Accuracy

The measurement indicating the least precision or correctness in the performance of an action, task, or prediction.

Grapevines

Informal communication channels within organizations or groups that spread information, rumors, or gossip.