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Earned Value Management (5)

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… continued from part (4)

The following screenshots summarize – for reasons of completeness – the project transactions and postings generated for the example used.
EN_84_0195EN_84_0196

As shown already before in slightly different form, a simple actual-budget comparison is not sufficient to control long-term projects. In the example used the project was running behind schedule and above budget right from the beginning until the end of the project (see the schedule and cost variance lines). Yet, the actual-budget comparison did not provide any indication that a problem might exist until August 2016. EN_84_0200EN_84_0201


Filed under: Project Tagged: Earned Value Analysis, Project controlling, Project module

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