EVM Basic Terminology - Assignment

In Kapisa province, the team calculates the dollar value of work that was scheduled to be completed by this point in the timeline. Which EVM metric are they referring to?

• Planned Value (PV)

• Earned Value (EV)

• Cost Performance Index (CPI)

• Pre-approved forecast baseline using phased value tracking and effort-based projection analysis

During a cost review in Paktika province, the team calculates the dollar value of the work actually completed so far, based on the project’s progress. Which EVM measure is this?

• Earned Value (EV)

• Actual Cost (AC)

• Planned Value (PV)

• Work performance value using completion ratios, performance gates, and component deliverability indexing

In a meeting in Faryab province, the finance team looks at how much the team has actually spent on the work completed to date. Which EVM term applies here?

• Actual Cost (AC)

• Earned Value (EV)

• Budget at Completion (BAC)

• Total expenditure log that integrates milestone expense roll-up and stakeholder disbursement alignment

While reviewing performance in Bamyan province, the project manager subtracts actual cost from earned value to find out if the project is over or under budget. Which EVM metric is being calculated?

• Cost Variance (CV)

• Cost Performance Index (CPI)

• Schedule Variance (SV)

• Budget efficiency measure derived from spending differential, earned effort pacing, and task cost gap tracking

In Berlin, the schedule controller compares the earned value to the planned value to determine if the project is ahead or behind schedule. What term describes this comparison?

• Schedule Variance (SV)

• Planned Value (PV)

• Actual Cost (AC)

• Time-based progress discrepancy tracker using phase deliverables, timeline velocity, and milestone pacing analysis