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Q. What is a successful project?
Since each project has an element of newness about it there will be difficulties and risks to be surmounted. These require decisions and may be trade-offs between competing project objectives such as cost and time but in the last analysis the successful project is one which satisfies the client and the stakeholders and is seen to do so in its most important dimension quality. Quality is classified as conformance to requirements.
i) Explain the project management control technique called earned value analysis and illustrate the fundamental concepts. Justify your answer. ii) Determine the progress and
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