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

***** Technique

***** Design

Survey Population

***** of Data

The Data Gathering Instrument

Pilot *****

Pretest

Distribution Method

Reliability

Validity

Treatment of Data and Procedures

IV RESULTS

DISCUSSION

***** CONCLUSIONS

VII RECOMMENDATIONS

*****

APPENDIXES

Bibliography

INSTRUMENT ***** SURVEY or SAMPLE DATA

LIST OF TABLES

***** I

INTRODUCTION

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

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

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

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

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

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

***** study will also purport to prove that earned value is a mechanism for 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 earned value management in ***** past or present may be attributed to a lack of understand*****g of earned ***** ***** functional managers, project managers and members of the workforce (Barlow, 1998).

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

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