EARNED VALUE MANAGEMENT
Write around 300 words to answer questions.
Does Earned Value management give a clear picture of the project schedule and cost status?
How can we trust Earned Value to provide an accurate status of the project?
Please explain clearly
Answer previewEarned value management is a concept that came up to allow those running projects to get a clear picture of the costs likely to be incurred and the time it takes to complete their project. It offers them a standard upon which they can evaluate how their project is progressing based on the initial estimates they had in terms of money spent and the time required to complete their project…
(340 words)