Important part of the project execution process

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Project monitoring and control is an important part of the project execution process. The project manager should monitor project progress and report project performance to the stakeholders in a timely fashion. Any issues and variances should be reviewed, and if the variance has the potential to cause a severe negative impact on the project schedule, budget, or resources, it should be addressed immediately. I need to understand Earned Value Analysis (EVA) and its uses. Also the impact of EVA on the project management process. Multiple opinions on the impact would assist too.

Reference no: EM13957558

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