Earned Value Management (EVM) uses which three key metrics?

A Revenue, Cost, Profit

B Planned Value (PV), Earned Value (EV), and Actual Cost (AC)

C NPV, IRR, ROI

D Time, Scope, Quality

✓ Correct Answer: Option B

EVM: PV (budgeted work scheduled), EV (budgeted cost of work performed), AC (actual cost spent). CPI = EV/AC, SPI = EV/PV.

💡 Why is B) the correct answer?

The correct answer to the question "Earned Value Management (EVM) uses which three key metrics?" is Option B: Planned Value (PV), Earned Value (EV), and Actual Cost (AC).

The other options — A) Revenue, Cost, Profit, C) NPV, IRR, ROI, D) Time, Scope, Quality — are incorrect for this PMP Exam Prep question. As explained above: EVM: PV (budgeted work scheduled), EV (budgeted cost of work performed), AC (actual cost spent). CPI = EV/AC, SPI = EV/PV.

📚 About This PMP Exam Prep Practice Question

This 2-level PMP Exam Prep question from the Process topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free PMP Exam Prep practice test or use flashcards for spaced repetition review.

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Earned Value Management (EVM) uses which three key metrics?

✓ Correct Answer: Option B

📚 About This PMP Exam Prep Practice Question

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