PMI-ACP · Question #18
Agile Earned Value Management (EVM) would be a valuable technique for managing a project because the:
The correct answer is C. cost performance must be reported. Agile Earned Value Management (EVM) is most appropriate when formal cost performance reporting is required - for example, on government contracts or projects with external oversight obligations. EVM metrics (CPI, SPI, EAC) translate Agile velocity data into cost and schedule…
Question
Agile Earned Value Management (EVM) would be a valuable technique for managing a project because the:
Options
- Aproject is in a CM MI-certified organization.
- Bcustomer wants to maximize delivered value,
- Ccost performance must be reported.
- Dteam is newly formed or new to Agile.
How the community answered
(42 responses)- A7% (3)
- B2% (1)
- C88% (37)
- D2% (1)
Explanation
Agile Earned Value Management (EVM) is most appropriate when formal cost performance reporting is required - for example, on government contracts or projects with external oversight obligations. EVM metrics (CPI, SPI, EAC) translate Agile velocity data into cost and schedule variance reports that sponsors and stakeholders expect. While EVM can serve other purposes, the primary driver for adopting it in an Agile context is satisfying contractual or organizational requirements to report cost performance in a standardized format.
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