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Management
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Topic:
Planning With EVM in Mind
Essay Instructions:
Committing to EVM starts in the early stages of project initiation. Considering this module's resources, do you think that changes need to be made in terms of scoping, planning, and scheduling a project to accommodate EVM? Why or why not? If you do, elaborate on your suggested changes. If you do not, describe how EVM can be utilized.
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Planning with EVM in Mind
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Planning with EVM in Mind
Changes do not have to be made in terms of scoping, planning, and scheduling a project to accommodate EVM. There are several reasons why for adopting this position. First, EVM is a tool for helping with the early detection of cost and time-related challenges. Therefore, the tool can be used without making changes in scoping, planning, and scheduling. With an existing plan, EVM could be applied to detect problems at an early stage and adjust appropriately. Secondly, EVM provides a basic framework for assessing the progress made by comparing the current achievements with a base plan (Khesal et al., 2018). EVM can be applied to the project management plan without making the changes mentioned above. It would work well without a significant scope, planning, and scheduling changes.
Following is a discussion of how EVM can be utilized. When the project is about 20% complete, the project manager could start applying an EVM structure. At this point of th...
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