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


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Earned Value Management

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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

Survey Population

***** of Data

The Data Gathering Instrument

Pilot Study

Pretest

***** Method

*****

Validity

***** of Data and Procedures

IV RESULTS

DISCUSSION

***** CONCLUSIONS

***** RECOMMENDATIONS

References

APPENDIXES

Bibliography

INSTRUMENT ***** SURVEY or SAMPLE DATA

LIST ***** TABLES

CHAPTER I

INTRODUCTION

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

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

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

***** ***** will show that an ********** 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, contractors ***** similar interested parties (*****, 2000).

***** study ***** 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 ***** past or present may be attributed to a lack of understanding of earned value ***** functional managers, project managers and members of the workforce (Barlow, 1998).

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

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