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CAPM · Question #305

CAPM Question #305: Real Exam Question with Answer & Explanation

The correct answer is C: Actual cost. See the full explanation below for the reasoning.

Predictive, Plan-Based Methodologies

Question

Which tool should a project manager use to calculate cost variance for a project?

Options

  • AContingency analysis
  • BExpert judgment
  • CActual cost
  • DReview lessons learned from similar projects

Topics

#Cost Variance (CV)#Earned Value Management (EVM)#Project Cost Management#Actual Cost (AC)

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