Which financial measurement technique evaluates a program's financial performance by comparing the value of work performed to the actual costs incurred?
Earned Value Management
Net Present Value
Cost-Benefit Analysis
Break-Even Analysis
Earned Value Management (EVM) is the correct technique as it integrates scope, schedule, and cost metrics to assess program performance by comparing the value of work completed against the actual costs. Cost-Benefit Analysis evaluates overall benefits versus costs but doesn't compare work value to costs. Net Present Value focuses on the time value of money, and Break-Even Analysis determines when revenues will cover costs without assessing work performance.
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