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Basic Concepts of Earned Value Management (EVM)

Approaches to EVM 8 7/23/2015 Scalable to fit most every project performance need Simple – spreadsheet based Intermediate – computer programs with WBS, cost & scheduling Advanced - complex programs with extensive capabilities All approaches require varying degrees of: Work Breakdown Structure (WBS) to define the work Plan Values (PV) – costs, hours or units of measure

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  Management, Cost, Concept, Value, Earned, Concepts of earned value management

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