CAPM Practice Question

During project monitoring and controlling, a project manager wants to judge cost performance. To do so, they plan to compare the monetary worth of the work completed so far with the amount of money actually spent to date. Which calculation will provide this information?

  • Subtract Planned Value from Earned Value (EV - PV)

  • Subtract Actual Cost from Earned Value (EV - AC)

  • Subtract Actual Cost from Budget at Completion (BAC - AC)

  • Subtract Earned Value from Actual Cost (AC - EV)

CAPM
Predictive, Plan-Based Methodologies
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