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What is Earned Value Analysis Overview about?

The document discusses key concepts in earned value analysis (EVA) for project management. EVA adds a third dimension of earned value (budgeted cost of work performed) to traditional costs of planned cost and actual cost. It allows calculation of cost variance, schedule variance, cost performance index, and schedule performance index to determine if a project is on budget and on schedule. A project is tracking well if these indexes are close to 1, and issues arise when they dip below 1. EVA requires a work

Author

fjuopregheru5734

Language

EN