The two budgeting steps that we discussed in class are 1) allocate costs to the work packages in the WBS and 2) break the WBS into the smallest tasks 1) True 2) False Question 9 (3 points) Listen Earned value is the BCWP-budgeted cost of work performed 1) True 2) False Question 10 (3 points) Listen Your project is doing very well if the CAC is higher on a graph than the CEV