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A Practical Guide to Earned Value Project Management, 2nd Edition by Charlene M. Budd, Charles I. Budd

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CHAPTER 3

 

Earned Value Metrics

Our first discussion point is the metrics. Even if you do not plan a full-blown earned value management system implementation, you must understand this most important part of the system.

Earned value metrics play an increasingly important role because project management is now recognized as a desirable professional skill. Many organizations require project management applicants to be certified by a recognized professional organization. To acquire any professional project proficiency designation, such as the Project Management Institute’s Project Management Professional certification, you will have to master certain metrics.

PRIMARY METRICS

There are four primary EV metrics. The names given first in the following ...

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