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The Standard for Earned Value Management
book

The Standard for Earned Value Management

by Project Management Institute
December 2019
Intermediate to advanced content levelIntermediate to advanced
150 pages
5h 48m
English
Project Management Institute
Content preview from The Standard for Earned Value Management
14 Section 1
1.6 BENEFITS OF THE APPLICATION OF EVM
The following are some of the benefits of EVM:
 EVM is a methodology that integrates the measurement of scope, cost, and schedule (see also Section 1.3).
It enables early detection of performance issues, it is used as a tool for risk monitoring and controlling, it allows
corrective actions to be implemented in a timely manner, and it enhances the efficiency of the entire project
management process.
 EVM uses the segmentation of projects to communicate to stakeholders and to keep the project team
focused on progress toward objectives. In the last few decades, there has been a noticeable growth ...
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Publisher Resources

ISBN: 9781628256390