Question
Which of the following cost methods is considered to best forecast a projects future performance based on evaluating single points in time? A. Activity Based
Which of the following cost methods is considered to best forecast a projects future performance based on evaluating single points in time? A. Activity Based Costing (ABC) Systems B. Variance Analysis with Statusing C. Project Cost Management D. Earned value performance management (EVPM) QUESTION 23 Which of the following best explains why earned value performance management (EVPM) balances the triple constraint better than other cost methods? A. EVPM takes a snapshot of projects position as of the current time. B. EVPM jointly assesses the performance of project scope, cost, and schedule based on time. C. EVPM relies on several formulas and ratios to provide information to project managers. D. EVPM realizes its power by first setting a project baseline.
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