Progress Performance Measurement Evaluation & Managing Risk
- How does earned value give a clearer picture of project schedule and cost status than a simple plan versus actual system?
- Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful?
- Project risks can/cannot be eliminated if the project is carefully planned.
- The chances of risk events occurring and their respective costs increasing change over the project life cycle. What is the significance of this phenomenon to a project manager?
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