PMP Exam Prep Question of the Week

You are using earned value status formulas to assess your project’s performance. The first term you use in each formula is _________________.

1. EV
2. PV
3. AC
4. EAC

The correct answer is 1.

The EV is the first term in all the status formulas, which are:
SV = EV – PV
CV = EV – AC
SPI = EV ÷ PV
CPT = EV ÷ AC

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