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PMO • OKR • Change • Excellence Blog
Control Costs focuses on monitoring and managing project expenses to ensure that the project stays within budget. This category covers essential techniques such as cost tracking, variance analysis, and implementing corrective actions. Want to gain control over your project finances and avoid budget overruns? Explore the blog posts to learn best practices for effective cost control and enhance your project management skills!
Earned Value Management Analysis methodology is an analytical tool that uses data generated during project execution. Analysis of the collected data reveals the present state of the project. Further, analysis of the trends in the data can forecasts the future project performance. The collected data when compared to a baseline indicates variances in project performance. This also helps in initiating corrective actions. Read More
Earned Value Management (EVM) is an analytical tool that systematically integrates measurement of cost, schedule, and scope accomplishments on a project. EVM was developed in 1960’s by Department of Defence (DOD) to keep track of defence projects. It is a technique used to track project progress and report project’s current status, it is also used to forecast future performance. Read More
