“Elliot, a project manager at an IT firm, needs to monitor the costs of a project and wants to know the source of any variances. Elliot should.Incorrect. Using EVA allows the project manager to compare the actual WBS work activities completed to the actual expenditures. Monitoring project costs should be based on actual expenditures rather than estimates.”

“Elliot, a project manager at an IT firm, needs to monitor the costs of a project and wants to know the source of any variances. Elliot should.Incorrect. Using EVA allows the project manager to compare the actual WBS work activities completed to the actual expenditures. Monitoring project costs should be based on actual expenditures rather than estimates.”

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