Question: Explain how earned value management (EVM) can be used to control costs and measure project performance, and explain why you think it is not used

Explain how earned value management (EVM) can be used to control costs and measure project performance, and explain why you think it is not used more often. What are some general rules of thumb for deciding if numbers for cost variance, schedule variance, cost performance index, and schedule performance index are good or bad?

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