Which of the following is NOT a step in the EVA process?

Prepare for the WGU MGMT3400 C722 Project Management Exam with comprehensive flashcards and multiple-choice questions. Each question includes hints and detailed explanations to boost your readiness for success!

In the Earned Value Analysis (EVA) process, the focus is primarily on measuring project performance through the integration of scope, schedule, and cost. The steps typically involve calculating key performance metrics that help project managers assess whether a project is on track in terms of time and budget.

Calculating Schedule Variance involves comparing the earned value of work completed against what was planned, which is crucial for understanding project timelines. Forecasting Future Expenditures is necessary to predict costs based on current performance and helps in proactive financial planning. Calculating Performance Factors, such as Cost Performance Index (CPI) and Schedule Performance Index (SPI), allows for ongoing assessments of project efficiency.

On the other hand, analyzing stakeholder feedback, while important to project management overall, does not form a direct part of the EVA process. EVA is more concerned with quantitative measures of project performance rather than qualitative input from stakeholders. Therefore, it is correctly identified that analyzing stakeholder feedback is not a step involved in EVA.

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