Park University Unit 4 Earned Value Measurement Questions
Description
Introduction
Using the template for the homework assignment, complete the questions to gain a better understanding of the cost management methods in project management. This assignment allows students the opportunity to gain a deeper understanding of how cost management should be utilized on projects.
Unit Learning Outcomes
- Analyze the concepts within cost management.
- Differentiate between a cost baseline and a performance measurement baseline.
- Differentiate between contingency reserves and management reserves.
- Calculate earned value and understand the importance of earned value on a project.
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