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Project Management – Earned Value Management (A Simple Example)

Posted by mgocean on June 2, 2009 in Business Plan, Earned Value Analysis, Estimation, Project Management |

Earned Value Management (EVM or EVA) tracks how the project sticks the project plan in the scale of time and budget. To lie and give very optimistic answers like “Very well”, “we’re progressing through the plan”, “perfect” to the top management and sponsor who asks about the project is also a way. But this method […]

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Project Management Estimation Methods

Posted by mgocean on May 28, 2009 in Earned Value Analysis, Estimation, Project Management |

Estimation is a frequently occurring phenomenon in our everyday lives. When we leave home for the office in the morning, we roughly estimate the time it will take to reach the office. When we plan to make a business analysis presentation in a meeting, we estimate the time it will take to complete the presentation, […]

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