Question: EV AC = Cost Variance. Therefore if EV = AC , the Cost Variance is zero ( i . e . The project is on

EV AC = Cost Variance. Therefore if EV = AC, the Cost Variance is zero (i.e. The project is on budget but not necessarily on schedule, as there is not enough information on schedule variance). Trend Analysis is BEST described as:
Group of answer choices
Analyzing performance of similar projects over time
Examining project performance over time
Calculating Earned Value
Calculating Cost Variance
Group of answer choices
There is no issue - you are both talking about the same thing You are correct and the stakeholder is just not getting it.
The stakeholder is correct and you're just not getting it
You are correct and the stakeholder is just not getting it.
You are both incorrect and need to explore other options.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

EV - AC = Cost Variance. Therefore if EV = AC, the Cost Variance is zero (i.e. The project is on budget but not necessarily on schedule, as there is not enough information on schedule variance)....

Q:

EV AC = Cost Variance. Therefore if EV = AC , the Cost Variance is zero ( i . e . The project is on budget but not necessarily on schedule, as there is not enough information on schedule variance ) ....

Q:

Remember as the project leaderp' manager you will not get everything from your sponsor I stakeholder, you will have to make some assumptions or ask questions. For each of the projects you will have a...

Q:

Question 2 You are the project manager on a project that has $800,000 software development effort. There are two teams of programmers that will work for 6 months a total of 10,000 hours. According to...

Q:

You are assigned to a project with an initial budget of $200,000 USD. Midway through the project, you review the schedule and costs. Based on your review, You should have spent $50,000 to date based...

Q:

Remaining Time: 57 minutes, 05 seconds Less than half of the team Question Comeletion Status Question 10 Save A You have a project to be completed in 12 months. The budget for the project is 100.000...

Q:

ULLE M You have a project to be completed in 12 months. The budget for the procis 100.000 USD. 5 more on DUS serve you find that you worras.com to date. Based on these figures, answer the following...

Q:

Student Instructions: Complete the following exercises and submit them in a word document. (10 points). Project ABC PV = Scope = 10 chairs @ $10.00 = $100.00 Timeframe = 10 days AC = EVE At the End...

Q:

A 1 0 week project has a budget of $ 5 0 0 , 0 0 0 ( BAC ) As of the Week 5 status report, you have collected the following earned value metrics. Planned Value ( PV ) : $ 2 5 0 , 0 0 0 Actual Cost (...

Q:

Tror the videos that were not provided by the instructor. Question #1 A company received a project to manufacture 8,000 of the hydraulic component shown below for $200/component. The company must...

Q:

3.6 K/ft Delermine the internal D. Momerts at each joint of the Prame EI Coustant 20ft Shown in figure . I need to solve it about slope deflection method. + 20ft-

Q:

Q1 A high-quality used bicycle is sold at the auction. There are two types of cyclists: professional and recreational. A professional cyclist will pay $1000 for this bicycle, while the recreational...

Q:

A new patient is seen by a primary care physician for a phyical exam. The physician performa a comprehansive hisory and ecamination appropriate for the puctent age, what is the apprepriate E / M...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....