Question

which is the value of the work actually performed up to a specific point in time, is calculated by multiplying the TBC by the percentage of the work estimated to be complete. For example, if a project involved painting 10 rooms for $2000, if three rooms were completed, it is safe to say that________.

Answer 1

Answer:

The answer is EV (Earned Value)

Explanation:

It is the value of the work actually performed, determining the earned value includes collecting data on the percent complete for each work package, then converting this percentage to a dollar amount by multiplying the TBC of the work package by the percent completed.

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