Question: 5. Explain how eamedvalue management (EVM) can be used to control costs and measure project performance and speculate as to why it is not used

5. Explain how eamedvalue management (EVM) can be used to control costs and measure project performance and speculate as to why it is not used more often. Vv'hat are some gen·

eral rules of thumb for dedding if cost variance, schedule variance, cost performance index, and schedule performance index numbers are good or bad?

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