Preparing Practice Exam…
Please wait a moment while the system generates the exam questions, answers, and study session.
Please wait a moment while the system generates the exam questions, answers, and study session.
Question 22 of 34
Free Preview · 34 of 113 · questions 1–34 of 113 are free. Sign up free to sync your progress across devices.
Select one answer.
Written by other learners. Comments can disagree with the marked answer — check the official documentation when in doubt.
- Earned Value Management (EVM) in construction integrates scope, schedule, and cost data to provide objective performance measurement. Key metrics include Planned Value (PV), Earned Value (EV), Actual Cost (AC), Schedule Variance (SV = EV-PV), Cost Variance (CV = EV-AC), Schedule Performance Index (SPI = EV/PV), and Cost Performance Index (CPI = EV/AC). EVM enables early detection of problems and reliable forecasting of completion costs and dates.