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Earned Value Management System
Discuss how an earned value analysis will be utilized for this project or Key Assignment , including the formulas to compute earned value analysis (EVA).
Cover the following 4 scenarios and what you should do:
Behind schedule and over budget: Include a sample calculation that would trigger this interpretation, along with a graph.
Ahead of schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph .
Behind schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
Ahead of schedule and under budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
Discuss for each of the above situations how you compute the final cost and end date if nothing changes with its present state.
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