PMP Quiz 10 January 2018

A cost management plan should establish and document the various earned value rules of performance measurement. Along with defining the WBS to the level that the earned value analysis will be performed and establishing how earned value will be credited to the project (0-100, 0-50-100, and so on), which following rule is also recognized regarding performance measurement?
  • Determine the formula for calculating the estimate to complete (ETC) for the project
  • Determine the code of accounts allocation provision for the WBS
  • Determine the formula for calculating the estimate at completion (EAC) for the project
  • Determine the variance thresholds to be used in the project