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Risk Monitoring and Control

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Learning Objectives

By the end of this chapter, you will be able to:

•  Define key elements in a risk management plan and a risk management policy.

•  Implement a variety of project risk monitoring and control tools, including monitoring and control metrics; early warning indicators; common concepts of Earned Value Project Management (EV or EVM) including planned value, earned value, and actual cost; and schedule and cost performance indices based on earned value metrics.

•  Identify the elements in a change management system.

•  Explain why risk identification and risk analysis must continue throughout ...

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