Question

In earned value management, a baseline includes ____ (wbs tasks), time (start and finish estimates for each task), and cost information (cost estimates for each task).

Answer 1

Answer:

The correct answer is:  scope.

Explanation:

Earned Value Management (EVM) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are scope, time, and cost information. The scoping process implies a Work Breakdown Structure (WBS) where the initial plan is broken into micro levels for better analysis.