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

Survey Population

***** ***** Data

The Data Gathering Instrument

Pilot *****

Pretest

Distribution Method

Reliability

Validity

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

IV RESULTS

DISCUSSION

VI CONCLUSIONS

VII RECOMMENDATIONS

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APPENDIXES

Bibliography

INSTRUMENT ***** SURVEY or SAMPLE DATA

LIST OF TABLES

***** I

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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 great length in formal research studies. The subject has only moderately ***** examined through literature, and a variety of generalizations have 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.

***** study 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).

***** 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 *****nd time ***** manner. Earned value management supposes that all work is planned and budgeted; work ***** scheduled to occur in time phased increments that adhere to a cost schedule (Christensen, 1998).

It w*****s anticipated during this study that the information and conclusions drawn ***** be generalizable to ***** companies, large and small, local ***** national. Earned ***** has been described as a "proven methodology for measuring cost and ***** performance on large projects with interdependent tasks" (*****, *****). Earned value is simple to understand, though detrac*****rs from ***** ***** would argue that it ***** a system and technique too complicated to operate (Barlow, 1998). EVM differs from "traditional" methods ***** project management by account for estimated *****s of a project *****gainst the actual expenditures (AMS, 2000).

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

***** study ***** ***** purport to prove that earned value is a mechan*****m ***** 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 ***** understand*****g of earned ***** ***** functional *****, project managers and members of the workforce (*****, 1998).

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

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