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Earned Value is a management tool that states the value of work completed: A). B

ID: 388229 • Letter: E

Question

Earned Value is a management tool that states the value of work completed: A). By comparing the progress on similar projects B). In dollars or other measurable units C). Using only narrative format that justify the relative value of the items delivered D). As the total number of tasks started Earned Value is a management tool that states the value of work completed: A). By comparing the progress on similar projects B). In dollars or other measurable units C). Using only narrative format that justify the relative value of the items delivered D). As the total number of tasks started A). By comparing the progress on similar projects B). In dollars or other measurable units C). Using only narrative format that justify the relative value of the items delivered D). As the total number of tasks started

Explanation / Answer

Earned Value is a management tool that states the value of work completed:

A). By comparing the progress on similar projects

Explanation- Earned value Management (EVM) is a project management technique used to measure the project performance and process. It is used to find the variance in the projects by comparing the work performed and work planned. i.e, the actual performance and the progress on similar projects.

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