Tag: Question 1728

Project Management Professional (PMP) Exam Practice – Question1728

A challenge of earned value management is predicting percent complete. The simplest formula to use to calculate EV is______________


A. 0/100 rule
B. 50/50 rule

C. (Percent complete)h budget at completion)
D. Milestone method

Correct Answer: C

Explanation:

Explanation:
Multiplying the percent complete by the budget at completion, or the total budget for the project, is the simplest formula to use. The 50/50 rule, or the more conservative 0/100 rule, can eliminate the necessity for the continuous determination of percent complete.
After the percent complete is determined, it can be plotted against time expended.