The Critical Ratio Control Chart Uses a Ratio Made Up

question 33

Multiple Choice

The critical ratio control chart uses a ratio made up of two parts -- the ratio of actual progress to scheduled progress,and the __________.

• A)ratio of earned value to planned cost
• B)ratio of budgeted cost to actual cost
• C)ratio of actual cost to budgeted cost
• D)ratio of planned cost to earned value

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Definitions:

Contract

An agreement between two or more parties creating obligations that are enforceable or otherwise recognizable at law.

Assignment

The transfer of rights or property from one party to another, often seen in contracts or similar agreements.

Assignable

Refers to rights or property that can be transferred or made over to another party by the owner.

Antiassignment Clauses

Provisions within contracts that restrict or prohibit the transfer of contract rights to another party.