Cost Variance CV) Is _____

question 31

Multiple Choice

Cost variance CV) is _____.

• A) earned value minus actual cost
• B) earned value minus planned value
• C) the ratio of earned value to planned value
• D) the ratio of earned value to actual cost
• E) budget at completion minus the earned value

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Definitions:

Simultaneous Game

A game theory model where all players make their decisions or moves at the same time without knowledge of the other players' choices.

Convincingly Threatens

Convincingly threatens involves making a credible statement or action to induce another party to believe that certain outcomes will occur if specific conditions are not met.

Sequential Game

A type of strategic game in which players make decisions one after another, with later players having knowledge of previous actions.

Monopolized

Dominated entirely by a single entity or company, leaving little or no room for competitors within the marketplace.