|
|
Post by georgemacky on Mar 9, 2021 8:34:03 GMT
EVM provides more information than normal project tracking. It is a step further by answering the question; Have we got to where we want to be in the project? and When are we going to finish this project? It helps define more accurately as to where we are in the project as well as calculate its successful completion.
|
|
|
|
Post by sarahnulks on Oct 11, 2021 11:37:05 GMT
Basically, you’ll need to gather data that helps you predict how long each task will take. These task level calculations can be as simple as hours spent completing the task, or they can take into account material costs and other variables.
Either way, extrapolating this information helps you predict how long each phase of the project will take. It helps you create milestones and a schedule predicated on data rather than vague estimates. This data allows you to draw up deliverables and calculate the budget you need to deliver a project and compare it with your return on investment once it’s completed.
|
|
