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PMI CAPM Exam - Topic 5 Question 88 Discussion

Actual exam question for PMI's CAPM exam

Question #: 88
Topic #: 5

[All CAPM Questions]

What does earned value (EV) measure?

ABudgeted work that has been completed

BTotal costs incurred while accomplishing work

CBudget associated with planned work

DCost efficiency of budgeted resources

Show Suggested Answer

Suggested Answer: A

by Gearldine at Nov 16, 2024, 03:11 PM

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Marsha

10 months ago

I thought it was more about cost efficiency, though.

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Lettie

10 months ago

It's definitely about the budgeted work, no doubt!

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Sarah

10 months ago

Wait, are we sure it doesn't just measure costs?

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Ashleigh

10 months ago

Totally agree, it's all about tracking progress!

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Benton

11 months ago

EV measures budgeted work that has been completed.

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Anjelica

11 months ago

I keep mixing up the definitions, but I think it might have something to do with cost efficiency, so D could be a possibility too.

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Artie

11 months ago

I feel like EV is more about the budget associated with what was planned, which could be C.

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Lelia

11 months ago

I'm not entirely sure, but I remember something about it being related to costs incurred. Maybe it's B?

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Charlie

11 months ago

I think earned value measures the budgeted work that has actually been completed, so I might go with A.

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Nickole

11 months ago

The key here is to focus on the definition of earned value. I'm pretty confident that it measures the budget associated with the planned work, so I'll select C.

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Golda

11 months ago

Okay, I remember learning about earned value in my project management class. I believe it measures the total costs incurred while accomplishing the work, so I'll go with B.

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Josephine

11 months ago

Hmm, I'm not totally sure about this one. I know earned value has something to do with project costs, but I can't remember the exact definition. I'll have to think it through carefully.

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Carmelina

11 months ago

Earned value (EV) measures the budgeted work that has been completed, so I think the answer is A.

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Bev

2 years ago

I'm not so sure, I think EV measures the total costs incurred while accomplishing work, so I would go with option B.

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Glory

2 years ago

I agree with Lyla, EV is all about tracking the progress of completed work against the budget, so it's definitely option A.

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Glenn

2 years ago

A) Budgeted work that has been completed - Easy peasy, that's the definition of earned value. Unless, of course, someone's playing a trick on us...

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Janna

2 years ago

C) Budget associated with planned work - I'm leaning towards this, but I'm curious to see what the other candidates think.

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Fannie

2 years ago

C) Budget associated with planned work - I agree, it's about the budget for planned work.

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Hobert

2 years ago

B) Total costs incurred while accomplishing work - I believe it measures the total costs spent.

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Lonna

2 years ago

A) Budgeted work that has been completed - I think it measures the work that has been finished.

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Lyla

2 years ago

I think earned value measures the budgeted work that has been completed, so it's option A.

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Rikki

2 years ago

B) Total costs incurred while accomplishing work - Hmm, I'm not so sure about that one. Doesn't earned value measure the work completed, not the costs?

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Annette

2 years ago

A) Budgeted work that has been completed - That's correct, earned value measures the budgeted work that has been completed.

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Karon

2 years ago

D) Cost efficiency of budgeted resources - Earned value is more about measuring the work completed, not the cost efficiency.

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Tammi

2 years ago

C) Budget associated with planned work - Yes, earned value is the budget associated with the planned work.

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Queen

2 years ago

A) Budgeted work that has been completed - Earned value actually measures the work completed, not the costs.

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Ashley

2 years ago

D) Cost efficiency of budgeted resources - That's what I would go with. Earned value is all about efficiency, right?

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Laurel

2 years ago

A) Budgeted work that has been completed - Seems like the logical choice to me.

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Cristy

2 years ago

D) Cost efficiency of budgeted resources

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Eveline

2 years ago

C) Budget associated with planned work

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Domonique

2 years ago

B) Total costs incurred while accomplishing work

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Adelle

2 years ago

A) Budgeted work that has been completed

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