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The integration of cost and schedule to provide measures of the project\'s perfo

ID: 3038274 • Letter: T

Question

The integration of cost and schedule to provide measures of the project's performance is the earned value system, or contract performance measurement. The baseline for the earned value system is depicted as a slight 'S' curve because there are more expenses to get a project stared than are required on a normal operating basis there are fewer costs at project initiation until the work is fully staffed this is just a traditional method of plotting the costs and has no relationship to the actual expenditures this approximation has proven to be nearly correct when all costs and expenditures have been accounted for at project completion

Explanation / Answer

there are more expenses to get a project started than required on a normal operating basis is the right option

The S-Curve is a form of mathematical theory, which aims to represent the utilization of resources over the proposed time of the project. Simply stated, the curvature illustrates the side by side comparisons of the actual time and expenditure components vs. the proposed time and costs allocations of specific resources.

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