Discuss the merits of EVM over other tools for cost control.
Discuss the merits of EVM over other tools for cost control.
Homework Answers
EVM has several of benifits over other tools for cost control. it provide extra information than normal project tracking. EVM measures the project performance and the progress of the organisation better than other cost control tools. EVM Helps achieve greater visibility and control of the project activity by its value added approach. It Integrated work, schedule, and cost using a Work Breakdown Structure (WBS). Centralized management control system and management by exception principle. Historical data from completed projects that can be used for comparative analysis
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7 quality control tools: The Seven QC (Quality Control) Tools are discussed in Chapter 15. As...
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