Question: In order to use earned value management technique to manage project performance, which of the following do you need? Value of bills and receipts Percentage

In order to use earned value management technique to manage project performance, which of the following do you need? Value of bills and receipts Percentage of work completion Time-Phased Budget All of the answers are correct Question 10 0.25pts You are collecting data in order to track project performance using Earned Value Management. You have the money spent on purchasing material and the number of hours the project team worked. What can you use these for? budget earned value planned value actual cost

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!

___1. Which of the following is an example of a direct cost on an IT project a. Salary of the project manager and subcontractor expenses b. Property taxes paid by the company c. Salary cost of...

Project: Construction of a new office building in Parramatta Scope: Construction of a 10-story office building with a total floor area of 20,000 square meters Schedule: The project is expected to...

___1. Which of the following is an example of a direct cost on an IT project a. Salary of the project manager and subcontractor expenses b. Property taxes paid by the company c. Salary cost of...

Earned Value Management ( EVM ) is a project management technique used to measure the performance and progress of a project by integrating scope, schedule, and cost. It compares the planned work with...

When the property for your organization was purchased, a site development plan allowed additional medical office buildings to be constructed when needed. Since the original purchase, two buildings...

01:39:29 Time Remaining Return Submit 7 1 point Total Quality Management experts Deming and Juran stressed the importance of total quality management in serving customers. Most of the quality...

Earned Value Management (EVM) is a project management technique for measuring project performance (schedule, cost mainly ) and progress in an objective manner in terms of work achieved (Value): The...

please solve for e only, all others are solved, E only. . As data provided in the question: - PV= $23,000 EV=$20,000 AC=$25,000 BAC=$120,000 a . 1. Cost Variance = EV-AC = 20,000-25,000= -$5,000 2....

60.0% 51.3% 50.0% 40.0% 35.8% A few pilot projects 31.9% 32.2% 29.2% Percent Using EVM 30.0% Large and critical projects 19.5% 20.0% Organization-wide standard for all projects 10.0% 0.0%...

10. Anne owns 300 shares of Davenport Co. She acquired the shares three years ago. Her adjusted basis in the shares is $10,000 and their fair market value is $20,000. In July, she received stock...

complete this exam Be sure you have everything you need (pencil paper, calcuator, data sheet, water) before you begin Multiple Choice and Numerical Response 3. The graph of y=f(2) is transformed to...

Match the terms with their most appropriate descriptions, each term will only be used once: Group of answer choices Specialist in corporate accounting management; favors financial analytics,...

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...