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What does earned value (EV) measure?
Suggested Answer: A
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32 comments · newest first
MA
Marsha
11 months ago
I thought it was more about cost efficiency, though.
LE
Lettie
11 months ago
It's definitely about the budgeted work, no doubt!
SA
Sarah
12 months ago
Wait, are we sure it doesn't just measure costs?
AS
Ashleigh
12 months ago
Totally agree, it's all about tracking progress!
BE
Benton
1 year ago
EV measures budgeted work that has been completed.
AN
Anjelica
1 year 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.
AR
Artie
1 year ago
I feel like EV is more about the budget associated with what was planned, which could be C.
LE
Lelia
1 year ago
I'm not entirely sure, but I remember something about it being related to costs incurred. Maybe it's B?
CH
Charlie
1 year ago
I think earned value measures the budgeted work that has actually been completed, so I might go with A.
NI
Nickole
1 year 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.
GO
Golda
1 year 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.
JO
Josephine
1 year 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.
CA
Carmelina
1 year ago
Earned value (EV) measures the budgeted work that has been completed, so I think the answer is A.
BE
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.
GL
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.
GL
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...
JA
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.
FA
Fannie
2 years ago
C) Budget associated with planned work - I agree, it's about the budget for planned work.
HO
Hobert
2 years ago
B) Total costs incurred while accomplishing work - I believe it measures the total costs spent.
LO
Lonna
2 years ago
A) Budgeted work that has been completed - I think it measures the work that has been finished.
LY
Lyla
2 years ago
I think earned value measures the budgeted work that has been completed, so it's option A.
RI
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?
AN
Annette
2 years ago
A) Budgeted work that has been completed - That's correct, earned value measures the budgeted work that has been completed.
KA
Karon
2 years ago
D) Cost efficiency of budgeted resources - Earned value is more about measuring the work completed, not the cost efficiency.
TA
Tammi
2 years ago
C) Budget associated with planned work - Yes, earned value is the budget associated with the planned work.
QU
Queen
2 years ago
A) Budgeted work that has been completed - Earned value actually measures the work completed, not the costs.
AS
Ashley
2 years ago
D) Cost efficiency of budgeted resources - That's what I would go with. Earned value is all about efficiency, right?
LA
Laurel
2 years ago
A) Budgeted work that has been completed - Seems like the logical choice to me.
CR
Cristy
2 years ago
D) Cost efficiency of budgeted resources
EV
Eveline
2 years ago
C) Budget associated with planned work
DO
Domonique
2 years ago
B) Total costs incurred while accomplishing work
AD
Adelle
2 years ago
A) Budgeted work that has been completed