The earned Value analysis involves comparing what happened with what should have happened. Illustrate and Explain...

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Operations Management

The earned Value analysis involves comparing what happened withwhat should have happened. Illustrate and Explain this statementwith regard to budget and schedule

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Earned value analysis is the project management tool that is used to measure project progress It compares the actual work completed at any time to the original budget and schedule It forecasts the final budget and schedule and analyzes the path to get there Project managers used to have two parameters planned expenditures and actual expendituresThese two variables help the project manager compare planned spending with    See Answer
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