Question: Earned value analysis is a popular tool within an e-commerce company's project team. The project team has used it in the past and the PMO
Earned value analysis is a popular tool within an e-commerce company's project team.
The project team has used it in the past and the PMO of the organization also has asked the project teams to use it whenever applicable. Brett's sponsor has asked if the project is on schedule or not to him. Can Brett use earned value analysis to tell if the project is on schedule or not to his project sponsor?
A. Brett can use schedule variance (SV) and schedule performance index (SPI) values from earned value analysis to tell if the project is on schedule B. No - earned value analysis is not useful to tell if the project is on schedule. It is used to assess if the project can add the business value to company or not C. Brett can use cost variance (CV) and cost performance index (CPI) values from earned value analysis to tell if the project is on schedule D. No - earned value analysis is not useful to tell if the project is on schedule. It is used to assess if the project can earn the profit to an organization or not
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