Things To Remember About Earned Value Methodology – I

 

Once you have gone about and drawn up a schedule for your project and allocated resources to your project, assuming you have done your homework, you should ideally execute your plan and have everything done by the planned date, with the budgeted cost and execute the planned scope per the expected quality. (Its about scope, cost, time & quality  and a quality product needs a quality plan and I’m not talking just testing plans and/or testing for quality, but the project plan itself should be of the highest quality.)

But its not an ideal world and you have to track your project cost and progress to make sure that you are on the right track.

Quote of the day:
I’m kind of jealous of the life I’m supposedly leading. – Zach Braff

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