Wide cost variance or a wide schedule variance

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Describe in your own words, the EVM concepts of cost and schedule variance. Apply an example of what you know about these metrics by providing a specific example of each concept from a real or hypothetical project that you have previously handled or heard about. Which would you, as a manager of this project, have a higher tolerance for; a wide cost variance or a wide schedule variance? Explain the reasoning for this (Project Management)

Reference no: EM131368703

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