A project manager is performing earned value management (EVM) for a cross-country pipeline project. The project manager has determined the ratio of earned value (EV) to actual cost (AC) for the project and has found the calculated result to be 0.9024. What does this value mean for the project?

QuestionsCategory: PMPA project manager is performing earned value management (EVM) for a cross-country pipeline project. The project manager has determined the ratio of earned value (EV) to actual cost (AC) for the project and has found the calculated result to be 0.9024. What does this value mean for the project?
Admin Staff asked 1 year ago
A project manager is performing earned value management (EVM) for a cross-country pipeline project. The project manager has determined the ratio of earned value (EV) to actual cost (AC) for the project and has found the calculated result to be 0.9024.
What does this value mean for the project?

A. The project is earning less value than was planned

B. The project has started exceeding the planned cost

C. The project has earned more value than planned

D. The project is close to exceeding the planned cost










Correct Answer: B

This question is in PMP exam
For getting PMP Certificate


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