BUS 611 BUS611 Week 4 Discussion 2 Integrating Schedule and Cost / Project Planning and Management

BUS 611 BUS611 Week 4 Discussion 2 Integrating Schedule and Cost / Project Planning and Management

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BUS 611 BUS611 Week 4 Discussion 2 Integrating Schedule and Cost / Project Planning and ManagementIntegrating Schedule and Cost [CLO: 9]. 1st Post Due by Day 3. We can easily look at a project schedule and quickly determine if we are ahead or behind of the plan. We can make a similar inference by examining the project budget and estimate if we have over- or under-spent. But do these two items by themselves tell the full and true story? What ambiguity exists in using these disconnected data points? Earned Value Management (EVM) integrates schedule and budget to tell us if what we are getting is what we are paying for. A beginning project manager needs to be at least familiar with EVM. Research the Ashford Library or youtube.com and provide a citation or link to a short article or video that explains the basics of EVM. Summarize the findings of the article or video. Each class member is expected to supply a unique source.