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Category: Executing And Controlling

Executing And Controlling, Frequently Asked Questions, Guide, Project Economy, Project Management, Tools

Controlling the Project Cost, in practice 

To get the project finished under budget, we need to measure cost performance on each review date. Earned Value Management (EVM), is the ANSI 748 standard method to measure the project cost performance objectively. According to EVM standard, as of each status date, three measures are enough to analyze the project cost performance. Professional project managers can practice EVM effectively with PMPeople.

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