Components of the earned value management system

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Reference no: EM132105244

One of the principle components of the earned value management system is determining how much work has been done - EV. Analyzing work that is physical in nature (building a brick wall) is relatively easy to find what has been accomplished, however, not all project are so "visual". What are three common methods to estimate EV for individual activities in practice? What are the strengths and weakness of each? As a hint, percent of completion is one method.

Reference no: EM132105244

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