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| Chapter 7 Earned Value Management is what? |
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Definition
| A methodology that combines scope, schedule, and resource measurements to assess project performance and progress. |
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| Chapter 7 Earned Value Management develops what? |
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Definition
Develops and monitors 3 key dimensions for each work package and control account: Planned Value, Earned Value, and Actual Cost. |
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| Chapter 7 - What is PV (Planned Value) |
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Definition
| The authorized budget assigned to scheduled work. (The value of the work planned to be completed to a point in time, usually the data date, or project completion.) |
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Term
| Chapter 7 - (EV) Earned Value |
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Definition
| The measure of work performed expressed in terms of the budget authorized for that work. EV = sum of the planned value of completed work |
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Definition
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Term
| WHAT IS 47 PROJECT MANAGEMENT PROCESSES? |
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