Using Earned Value Analysis
One of the key elements of effective project management is bringing together multiple concepts of scope, budget, and schedule management to have a system’s view of a project.
- Explain how earned value analysis and the balanced scorecard are both useful tools for project managers, if they are.
- If your manager said that there was only time to collect data for EVA or the balanced scorecard which would you select to use and why?
You may find Table 7-1 in the PMBOK Guide of use in this discussion.
Support your statements and conclusions using at least one of this week’s required readings and one current, peer-reviewed scholarly article. Current means that the article was published in the most recent five years. Be sure to include your citation/reference pair in accordance with APA. Be sure to post a substantive initial post of at least 350 words.