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PMP Exam Cram™ 2 by Greg Horine, David Francis

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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). ...

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