Question: Regarding CAPM project management, select best answer for the question. CAPM: Applying Essential Formulas Question 4 of 6 Question: Select the statement that best describes

Regarding CAPM project management, select best answer for the question.

CAPM: Applying Essential Formulas Question 4 of 6 Question: Select the statement that best describes earned value (EV) in the context of project management. Instruction: Choose the option that best answers the question. O EV is the planned value (PV) multiplied by the schedule performance index (SPI) EV represents the value of work completed and is calculated by multiplying the total budget by the percentage of work done O EV is the total project budget multiplied by the percentage of work completed EV is the actual cost (AC) divided by the cost performance index (CPI)

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