Researching the pros and cons of earned value

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Assignment:

Begin by researching the pros and cons of earned value. For example, some positives of earned value is that it removes the ambiguity associated with project budget reporting. Further, earned value indexes provide a simple metric for monitoring progress and updating budget and schedule projections.

On the other hand, many stakeholders can be confused by the many earned value metrics that exist. Also, earned value metrics are only meaningful to the extent that they are derived from accurate progress data.

Last names beginning with M through Z will argue against using Earned Value.

Reference no: EM133619123

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