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Project Management Orientation

A Pictorial View of the Earned Value Components

The following graphic shows, you can see how the Planned Value curve in green compares to the Actual Cost curve in blue and the Earned Value curve in red. The goal is to have the Actual Cost curve and the Earned Value curves both match the Planned Value curve.  In this example, you can see that at the end of the first month, the Earned Value (actual work completed) was below the Planned Value, and the Actual Cost was above the Planned Value.  This graphic clearly shows that the project is behind schedule and over budget.

Earned value components graphic.
1: Getting Started
2: Define the Project Team
3: Team Management
4: Identify and Validate Requirements
5: Create Decomposition Structures
6: Risk Management
7: Project Estimates
8: Project Schedules
9: Change Management
10: Project Control and Execution
Defining the Project
11: Project Management Review
12: Project Closeout
13: Project Management Tool Suite
14: Self-Assessment and Final Exam
Fast Points
Concepts
Seven Keys
Case Study
WWPMM
Mentor
Check Point
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