Access to new resource related to earned value management added to PMWL
Resource provided by Lucky Edjenekpo
9 January 2019 – Warri, Nigeria – Access to a new resource has been added to the PM World Library (PMWL) related to Earned Value Management. The new resource is titled “Earned Value Method as a Tool for Project Control”, by Agata Czarnigowska (2008), originally published in the Budownictwo i Architektura and now available from Google Scholar online.
Earned Value is a well-known project management tool that uses information on cost,
schedule and work performance to establish the current status of a project. By means of a few simple rates, it allows the manager to extrapolate current trends to predict their likely final effect. Earned value has been widely used in practice. An analysis of numerous projects led to interesting conclusions that are statistically confirmed rules of project development: As an example, the final cost variance (VAC = BAC – EAC) will be greater than cost variance at 20% of project development, as such; early negative tendencies are practically irreversible.
To access this new resource, go to the Applications and Hot Topics section of the library at https://pmworldlibrary.net/applications-and-topics/, click on “Earned Value Management”, scroll down to resource. Must be a registered member and logged-in to access.
This new resource provided through the PMWL research scholars program; to learn more, click here
