1. Project evaluation and control measures project progress and performance against a project plan to ensure that the project is completed on time, within budget and: 2. The 0/100 rule can have an activity that is 50% complete. 3. The 50/50 rule is used for packages with a very short duration. 4. In the time – cost analysis, the relationship between time and money generally has what shape on a graph? 5. CV is cost variance and is EV-AC. 6. The accuracy of the calculated earned value hinges on an honest reporting system, as well as the integrity of the project team member and managers 7. A project variance can either be a positive or a negative number 8. The following is the cost of all progress achieved on the project, or part of the project, and represents what has been spent. 9. Accurate and up to date information on percentage of work packages completed is not important for EV. 10. The Estimated Cost at completion is the sum of the costs incurred to date and the revised estimated costs for the work remaining. It is computed by the formula BAC/CPI.
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