CAPM - Predictive, Plan-Based Methodologies - Section 2.4
Interpret project performance using earned value basics, including schedule and cost variance, to support project controls and change management.
Interpret earned value measures - planned value, earned value, and actual cost - to compute schedule variance and cost variance and judge whether a project is ahead or behind, over or under budget. Recognise that a negative cost variance signals overspend, that integrated change control governs baseline changes, and that performance reports drive corrective action.
Earned valueSchedule varianceCost varianceIntegrated change controlProject controls
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