Question: The ____ for the entire project or each work package provides a baseline against which actual cost and work performance can be compared at any

The ____ for the entire project or each work package provides a baseline against which actual cost and work performance can be compared at any time during the project.

a.

cumulative budgeted cost

b.

total cumulative fees

c.

total budgeted cost

d.

contract cumulating amount

The cumulative budgeted cost is

a.

the committed costs for an activity.

b.

the amount budgeted to accomplish the work scheduled to a point in time in the project.

c.

the aggregate estimated costs of all the activities.

d.

the sum of all the funds expended to a point in time in the project.

The cumulative earned value of the project is

a.

the sum of the differences between what was planned and the actual costs.

b.

the sum of the budgeted costs of the work actually performed.

c.

the sum of the planned costs of the project

d.

the sum of the budgeted cost of the work scheduled.

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