Question

Markysha needs to know the cost variance of her project to determine if it is under budget or over budget. To do this she decides to use _________ to compare her project's performance to the expected progress.

Answer 1

Earned value management

Step-by-step explanation:

Markysha decided to use Earned value management for this comparison.

Earned Value Management helps project managers to measure project performance.

It is a project management process that is used to find variances in projects by comparing project's performance to the expected progress. It is useful on cost and schedule control and can be very beneficial when it comes to forecasting during projects.