Question: How does earned value management (EVM) track what is called the project triangle of scope, time, and cost? Multiple Choice by using time on task

How does earned value management (EVM) track what is called the project triangle of scope, time, and cost?

Multiple Choice

  • by using time on task to determine a projects effectiveness

  • by multiplying the percentage of completion of each activity on the PERT network chart by the total value of the completed activity

  • by tracking how much money is saved by doing critical path activities in the correct order

  • by entering cost data into the PERT network chart to evaluate a projects efficacy

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:

b is wrong earned value management (EVM) track what is called the project "triangle" of scope, time, and cost? Multiple Choice by using time on task to determine a project's effectiveness : by...

Q:

How does earned value management (EVM) track what is called the project triangle of scope, time, and cost? Multiple Choice by using time on task to determine a projects effectiveness by track

Q:

Several weeks of work have now been completed on Cascada PREP project. Two areas of particular concern are the budget and the schedule. Some members of the project management team propose earned...

Q:

THIRD AVENUE SOFTWARE HEALTH-CARE APP PROJECT This case is new for the ninth edition of Information Technology Project Management . The case provides an opportunity to apply agile and Scrum...

Q:

Read the article on variance analysis. Using the Discussion Board, post what you learned from the article and apply it to a personal or business project. What were some of the variances you...

Q:

Third Avenue Software is a relatively young company that develops mobile applications for phones. The company is still trying to find its corporate identity and permanent footing; it has released...

Q:

Background Third Avenue Software is a relatively young company that develops mobile applications for phones. The company is still trying to find its corporate identity and permanent footing; it has...

Q:

Answer must be in hand-written please. 1. Which challenges face the project? 2. Did the project face scope changes? Explain 3. As one of the key challenges in implementing EVM for an IT project is...

Q:

1. Which challenges face the project? 2. Did the project face scope changes? Explain 3. As one of the key challenges in implementing EVM for an IT project is the ability to correctly asses the amount...

Q:

Answers should be in Hand Written only plz 1. Which challenges face the project? 2. Did the project face scope changes? Explain 3. As one of the key challenges in implementing EVM for an IT project...

Q:

(a) Find the approximations T10 and S10 for 1 ex and the corresponding errors ET and ES. (b) Compare the actual errors in part (a) with the error estimates given by (3) and (4). (c) How large do we...

Q:

A basketball player with a poor foul-shot record practices intensively during the off-season. He tells the coach that he has raised his proficiency from 60% to 80%. Dubious, the coach asks him to...

Q:

Exercise 7-40 Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Belham Company produces and sells disposable foil baking pans to retailers for $3.45...

Q:

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...