PMP Exam Cram™ 2

Exam Prep Questions

Question 1	Getting the most productivity for the money can be a challenge for a project manager. The PMBOK talks about earned value and how to use it as a measurement. What is it? A. The difference between what should have been done and what was actually done B. The cost of the work accomplished C. The value of the project to the company defined in the business case D. How much is invested in a project
A1:	Answer A is correct. The cost of the work accomplished does not tell you how much you should have accomplished. Therefore, answer B is incorrect. The value to a company based on the business case is generally considered payback or return on investment. Therefore, answer C is incorrect (because the value is not yet earned). ...