Variance Analysis Project Management

Monitoring and Controlling of project work requires constant review of planned vs actual data of project work. Earned Value (EVM) project management technique offers mathematical equations for arriving at schedule and cost variance but there are many organizations that do not use earned value management techniques for project monitoring and controlling. Whether a project deploys evm techniques or not, it is necessary that the present performance of the project is compared against Read More

15 Benefits of a Project Management Plan

Benefits of a Project Management Plan Project Management Plan: A project management plan is the collection of outputs of the project planning processes. It defines how the project is executed, monitored and controlled and closed. The project management plan needs to be updated and revised throughout the Integrated Change Control Process. The Project Management Plan… Read More