Question: 2. Earned Value Management (EVM) is a project performance management methodology that integrates cost, schedule, technical scope, and risk to assess progress against a baseline,


2. Earned Value Management (EVM) is a project performance management methodology that integrates cost, schedule, technical scope, and risk to assess progress against a baseline, use that information to identify problems, and forecast cost (and, to a certain extent, schedule) at completion. Monitoring and evaluation are essential to any project or program In support of this statement please ascertain the three dimensions of Earned Value Management as well as the difference between them. (10 pts)
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