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Managing Projects as Investments
book

Managing Projects as Investments

by Stephen A. Devaux
September 2014
Intermediate to advanced content levelIntermediate to advanced
255 pages
7h 45m
English
CRC Press
Content preview from Managing Projects as Investments
96 Managing projects as investments: Earned value to business value
the end of the project will not be pulled in further unless we also shorten
the parallel path. In many cases, it might be worthwhile to do so. However,
Activity B has a large budget and a DRED that only allows for saving
2days at a cost of $50,000. We have reached a point of diminishing returns.
Cautionary note on using the DRED
The DRED is an indicator and a tool; it is not magical or automatic.
No project manager, having gotten estimates on duration and cost from
activity managers or functional managers, should ever change them with-
out rst running the proposed changes by the original estimator (who is
probably going to be the person who has to do the work!). This includ ...
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Publisher Resources

ISBN: 9781482212709