The variance at completion is a measure of what? More than one of the above The
ID: 1866893 • Letter: T
Question
The variance at completion is a measure of what? More than one of the above The absolute value of deliverables at risk of being late The ratio of the original total cost estimate and the current total cost estimate The fraction of the deliverables at risk of being late The difference between the original total cost estimate and the current total cost estimate A limitation of the earned value management method is, It ignores scope and quality Does not require precise metrics of completion It ignores quality Does not address risk All of the answers What is earned value (EV)? None of the answers The time required to perform the work to date The work performed to date as measured by the original budget The cost required to perform the work to date The work performed to date as measured by the schodule The logic for using the critical index (C) is which of the following? The CI usually creates less of an adjustment then does either the SPl or CPI individually None of the answers The logic is due to the mathematical relations between SPI and actual cost The logic is questionable, the CI is mostly an empirically useful device The CI combines the interdependencies of cost and schedule What is the cost variance? The ratio of earned value to actual cost The difference between earmed value minus actual cost The difference between actual cost minus earned value More than one of the above The ratio of planned value to earned value What is "eaned schedule ? All but one of the above The relationship of time to money The project schedule performance measured in units of time The project schedule performance measured in units of money A correction to the SPI in later phases of a projectExplanation / Answer
1. The variance at completion is the difference between the original total cost estimate and the current total cost estimate. (Option 4)
2. limitations of earned value management are all of the answers given. (Option 4)
3. earned value keep the track of work considering both time and budget. None of the options include both.
the answer is none of the answers. (Option 1)
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