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Earned value management is a project management technique for measuring project performance and progress in terms of deducing earned value of a project from planned value and the actual costs. Program Evaluation and Review Technique , commonly abbreviated PERT, is a statistical tool, used in project management to analyze and represent the tasks ...
Earned value management (EVM) extends project management with techniques to improve project monitoring. [26] It illustrates project progress towards completion in terms of work and value (cost). Earned Schedule is an extension to the theory and practice of EVM.
Pages in category "Project management techniques" The following 64 pages are in this category, out of 64 total. This list may not reflect recent changes. A.
In project management, a critical path is the sequence of project network activities that adds up to the longest overall duration, regardless of whether that longest duration has float or not. This determines the shortest time possible to complete the project.
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F).. The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project.
An overview of EVM was included in the Project Management Institute (PMI)'s first Project Management Body of Knowledge (PMBOK) Guide in 1987 and was expanded in subsequent editions. In the most recent edition of the PMBOK guide, EVM is listed among the general tools and techniques for processes to control project costs.