Question: Please dont solve unless you can answer all the sub questions, thanks. a) What is Earned Value Method (EVM)? Explain b) Explain, how Earned Value

Please dont solve unless you can answer all the sub questions, thanks.

a) What is Earned Value Method (EVM)? Explain b) Explain, how Earned Value Method (EVM) helps Engineering Managers to manage the projects c) List the objectives of an EVMS d) List the benefits of EVM to Builder/Contractor and Owner/Principal. e) Compare and contrast EVA, EVM and EVMS f) What is S Curve? List the steps required to develop the S curve g) Explain the following terms in the context of EVM: PV or BCWS: AC or ACWP: EV or BCWP: CV: SV: TV: CPI, SPI: EAC

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