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


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Earned Value Management

INTRODUCTION

Problem Statement (or Purpose)

Significance of the Study

Assumptions

*****

Definitions (or Acronyms)

II REVIEW OF RELEVANT LITERATURE AND RESEARCH

III RESEARCH METHODOLOGY

Research Technique

***** Design

***** Population

Sources of Data

The Data Gathering Instrument

Pilot *****

Pretest

Distribution Method

*****

Validity

***** of ***** and Procedures

IV RESULTS

DISCUSSION

***** CONCLUSIONS

***** RECOMMENDATIONS

*****

APPENDIXES

Bibliography

INSTRUMENT or SURVEY ***** SAMPLE DATA

LIST OF TABLES

***** I

INTRODUCTION

This study was intended to prove that earned value management is a useful ********** effective project management tool. The benefits of earned value management related to ***** management specifically have not been explored at great length in formal research studies. The subject has only moderately ***** 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 ***** of earned ***** management in general, ***** specifically apply those benefits to project management.

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

This study assumed ***** future success of ***** managers is contingent in part upon *****ir ability to schedule ***** allocation and account for technical expenditures in a cost efficient *****nd time efficient manner. Earned ***** management supposes that all work is planned and budgeted; work is scheduled to occur in ***** 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 value has ***** described as a "proven methodology for measuring cost and schedule performance on large projects with interdependent tasks" (*****, *****). Earned ***** is simple to understand, though detrac*****rs from ***** system would argue that it is a ***** ********** technique too complicated to operate (Barlow, 1998). EVM differs ***** "traditi*****al" methods of project management by account for estimated costs of a ***** ********** the actual ***** (AMS, 2000).

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

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

This study examines the following hypothesis: Earned value management and ***** value management ***** are a beneficial *****ol for project *****, capable of providing *****

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