In construction project management, the earned value management (EVM) technique is employed to integrate project scope, schedule, and cost objectives. Considering this, choose the most comprehensive description of the EVM process:

a) A method for calculating the project's duration by analyzing the critical path activities.

b) An approach to evaluating project performance by comparing actual work accomplished with planned costs and schedules.

c) The process of communicating with stakeholders to assess their satisfaction with project outcomes.

d) A technique for allocating resources efficiently to meet project objectives while minimizing risks.

e) The systematic analysis of project risks and uncertainties to develop proactive strategies for risk mitigation.