Question: 10 Why would you use Earned Value? a. To request and demonstrate to the Client the need for a funding increase for the Project when

10 Why would you use Earned Value?

a.

To request and demonstrate to the Client the need for a funding increase for the Project when unexpected variations occur

b.

To monitor and forecast construction costs and progress against the budgeted costs and progress at any stage during the Project

c.

As a marketing tool to the Clients Senior Management to demonstrate your capabilities and performance

d.

To calculate the appropriate bonuses for project staff when they have delivered a higher Earned Value than was planned at each major stage of the Project

e.

When the Project is being audited to demonstrate that the lowest cost is being achieved without compromising the delivery schedule

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