Determine the budget requirement for contract

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Reference no: EM131307861

Which one of the following statements most accurately describes how Earned Value (EV) data should be used to determine the budget requirement for a contract?

Develop an Estimate at Completion and add appropriate profit or fee

Use the contractor’s Latest Revised Estimate and subtract appropriate profit or fee

Use the contractor’s Latest Revised Estimate

Develop an Estimate at Completion

Reference no: EM131307861

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