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)

II REVIEW OF RELEVANT LITERATURE AND RESEARCH

III RESEARCH METHODOLOGY

Research Technique

***** Design

Survey Population

***** of Data

The ***** Gathering Instrument

Pilot Study

Pretest

***** Method

*****

Validity

Treatment of Data and Procedures

IV RESULTS

DISCUSSION

***** CONCLUSIONS

***** RECOMMENDATIONS

*****

APPENDIXES

Bibliography

INSTRUMENT or SURVEY ***** SAMPLE DATA

LIST ***** TABLES

***** I

*****

This study was intended to prove that earned value management is a useful *****nd effective project management tool. The benefits of ***** value management related to ***** management 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 ***** system (EVMS).

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

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

This study assumed that future success of project managers is contingent in part upon *****ir ability to schedule resource allocation and account for technical expenditures in a cost efficient *****nd time ***** manner. Earned value 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 ***** during this study that the information ***** conclusions drawn would be generalizable to ***** companies, large and small, local ***** national. Earned ***** has *****en described as a "proven methodology for me*****uring cost and ***** performance on large projects ***** interdependent tasks" (Barlow, *****). Earned value is simple ***** understand, though detractors from ***** system would argue that it is a system ********** technique too complicated to operate (Barlow, 1998). EVM differs ***** "traditi*****al" methods ***** project management by account for estimated costs of a project ********** the actual expenditures (AMS, 2000).

***** study will show that an EVMS 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 ***** associated with a project" to organizational leaders, contractors and similar interested parties (*****, 2000).

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

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

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