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

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Definitions (or Acronyms)

II REVIEW OF RELEVANT LITERATURE AND RESEARCH

III RESEARCH METHODOLOGY

***** Technique

Research Design

***** Population

Sources of Data

The Data Gathering Instrument

Pilot Study

Pretest

Distribution Method

Reliability

Validity

***** of Data and Procedures

IV RESULTS

DISCUSSION

***** CONCLUSIONS

VII RECOMMENDATIONS

References

APPENDIXES

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INSTRUMENT or SURVEY ***** SAMPLE DATA

LIST ***** TABLES

***** I

INTRODUCTION

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

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

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

This study assumed that future success of project managers is contingent in part upon their ability to schedule ***** allocation and account for technical expenditures in a ***** efficient *****nd time ***** manner. Earned value management supposes that all work is planned and budgeted; work is scheduled ***** 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 ***** companies, large and small, local and national. Earned value has ***** descri*****d as a "proven methodology for measuring cost and ***** per*****mance on large projects ***** interdependent tasks" (*****, *****). Earned value is simple to understand, though detractors from ***** ***** would argue that it ***** a system and technique too complicated to operate (Barlow, 1998). EVM differs from "trad*****i*****al" methods ***** project management by account for estimated costs of a ***** against the actual expenditures (AMS, 2000).

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

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

********** study examines ***** following hypothesis: ***** value management and earned value ***** ***** are a ***** *****ol for project managers, capable of providing effective

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