Earned Value Management (EVM) helps project managers to measure project performance. It is a systematic project management process used to find variances in projects based on the comparison of worked performed and work planned. EVM is used on the cost and schedule control and can be very useful in project forecasting. The project baseline is [...]
Archive for the ‘Project Management’ Category
Earned Value Management
Posted: September 23, 2010 in Project ManagementTags: Project Management, Sujit Das Biswas
I have been trying to understand the difference between Crashing and Fast tracking. Fast Tracking means that you look at activities that are normally done in sequence and assign them instead partially in parallel. If you were fast-tracking, you would start constructing the solution in areas where you felt the design was pretty solid without [...]
Categories that any organization or company falls into
Posted: August 10, 2010 in Project ManagementThe PMBOK® Guide has five categories that any organization or company falls into: functional, weak matrix, balanced matrix, strong matrix or projectized. A functional organization is one where the functional managers have all the power. Example: most software companies have the programmers reporting to a development manager, who is responsible for hiring/firing, reviews, salaries, and [...]
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