Select the correct statement about the relationship of Earned Value Management (
ID: 2741498 • Letter: S
Question
Select the correct statement about the relationship of Earned Value Management (EVM) and the risk management process. A. EVM cost and schedule variances can help identify risks that may be associated with the variance. B. Risk reflects future uncertainties, while EVM data provides insight only into past performance so the two processes don’t really support each other. C. The risk management process provides helpful cost and schedule performance information to support EVM. D. Risk management and EVM are stand-alone processes that need not be used in an integrated manner.
Explanation / Answer
(C) The risk management process provides helpful cost and schedule performance information to support EVM.
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