Posted: May 27th, 2022

Watch the short video: Earned Value Management (#1) for PMP Exam Prep with Aileen below on Earned Value: https://www.youtube.com/watch?v=U313VMm2r7Q

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Watch the short video: Earned Value Management (#1) for PMP Exam Prep with Aileen below on Earned Value: https://www.youtube.com/watch?v=U313VMm2r7Q
Explain the concept of Earned Value Management, discussing how you would analyse your schedules and budgets using the Earned Value Analysis approach in order to ensure that your project remains on track. In what ways would you say Earned Value analysis gives a clearer picture of project schedule and cost status than simply analyzing planned budget versus actual expenditure. Provide concrete examples to support your response.
Read
A Guide to the Project Management Body of Knowledge (PMBOK® Guide)
Part 2: Section 5
Watch
Robbins, J. (2009, April 22). Earned value with MS Project 2007 (pt. 1 of 2) [Video]. YouTube. https://www.youtube.com/watch?v=GJGc8MAewLY
pomscm. (2009, February 12). Project management 5 [Video]. YouTube. https://www.youtube.com/watch?v=bSYJNnsrsww
SirGanttalot. (2009, February 18). PMP Exam: Earned value management – Part 1, basic concepts [Video]. YouTube. https://www.youtube.com/watch?v=UggTFk2EiUg

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