What is the purpose of Earned Value Management (EVM)?

• A. To integrate scope, schedule, and cost metrics to assess project performance and forecast outcomes.
• B. To track only budget expenditures.
• C. To measure team morale.
• D. To document stakeholder approvals.

Answer: (A)

Earned Value Management integrates scope, schedule, and cost metrics to assess project performance and forecast outcomes. It ties what was planned to what has been earned by work completed and what has actually been spent, using planned value, earned value, and actual cost. This lets you see whether you’re ahead or behind schedule and under or over budget in one view, and it provides forecasts such as estimated total cost and completion date. That integrated perspective is why this option is the best fit. Tracking only budget expenditures misses schedule and scope, measuring team morale isn’t what EVM assesses, and documenting stakeholder approvals relates to governance, not performance measurement.