Essay - Earned Value Management Introduction Problem Statement (Or Purpose) Significance of...


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Earned Value Management

*****

Problem Statement (or Purpose)

Significance of the Study

Assumptions

Limitations

Definitions (or Acronyms)

***** REVIEW OF RELEVANT LITERATURE AND RESEARCH

III ***** METHODOLOGY

***** Technique

***** Design

***** Population

Sources ***** Data

The Data Gathering Instrument

Pilot *****

Pretest

***** Method

Reliability

Validity

Treatment of Data and Procedures

IV RESULTS

DISCUSSION

***** CONCLUSIONS

VII RECOMMENDATIONS

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APPENDIXES

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INSTRUMENT ***** SURVEY or SAMPLE DATA

LIST OF TABLES

CHAPTER I

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This study was intended to prove that earned value management is a useful ********** effective project management tool. The benefits of ***** value management related to ***** ***** specifically have not been explored at gre***** length in formal research studies. The subject has only moderately been examined through literature, and a variety of generalizations ***** been associated with earned value management system (EVMS).

It was anticipated that exploration of would provide insight in***** the benefits of earned ***** management in general, ***** specifically apply those benefits to project management.

The ***** also intends to ***** that earned value management complements resource planning and cost accounting. According ***** research, EVMS can be defined as a "technique" ***** balances resource ***** (Barlow, 1998).

This study assumed that future success of ***** managers is contingent in part upon their ability to schedule resource allocation and account for technical expenditures in a ***** efficient ***** time efficient manner. Earned value management supposes that all work is planned and budgeted; work ***** scheduled ***** occur in time phased increments that adhere to a cost schedule (Christensen, 1998).

It was anticipated during this study that the information and conclusions drawn would be generalizable to all companies, large ***** small, local and national. Earned ***** has ***** described as a "proven methodology for measuring cost and schedule per*****mance on large projects with interdependent tasks" (Barlow, 1998). Earned value is simple to understand, though detractors from the ***** would argue that it ***** a system and technique too complicated to operate (Barlow, 1998). EVM differs ***** "trad*****ional" methods ***** project management by account for estimated costs of a project against the actual expenditures (AMS, 2000).

This ***** will show that an EVMS is beneficial ***** project managers seeking more effective and efficient planning and scheduling systems. EVM allows project managers to give access to a "full accountability of ***** associated with a project" to organizational leaders, contractors ***** similar interested *****ies (AMS, 2000).

***** study ***** also purport to prove ***** earned value is a mechan*****m ***** providing a common language among different projects. EVM is capable ***** answering the most basic to complex problems relative to costs and schedule reporting. Th***** paper assumes that any failure of ***** value management in ***** past or present may be attributed to a lack of understanding of earned ***** ***** functional managers, project managers and members of the *****force (*****, 1998).

***** study examines the following hypothesis: Earned value management and earned value management systems are a ***** ***** for project *****, capable of providing *****

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