Week 1 – Assignment: Validate the Concept of Earned Value Management

Instructions

In a paper, define and elaborate on the concept of earned value management in a project setting. Identify benefits to this model as going above and beyond the concepts of budgetary projections. Be sure to explain the sensitivity and perishability of the EVM calculation as well as how EVM should be explained along with your financial and cost reports to ensure a clear picture of the project status in time.

Support your paper with a minimum of five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length: 5-7 pages not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University’s Academic Integrity Policy.