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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 Method – Parametric Approach – COCOMO

Posted by mgocean on May 27, 2009 in Estimation, Project Management |

COCOMO is classified as a composite model which relies on analytic techniques, statistical data fitting, and expert judgment. COCOMO was developed primarily using experience from large, specification-built software developed in the late 1970s and early 1980s. These projects served as the basis for fitting a number of duration estimation equations to different functional forms. Experience […]

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