Table of Contents
1 Heading 1 – Discuss how effective project control is a combination of Earned Value Management with carefully judged management reaction to this and other information. 2
1.1 Heading 2 – Project control 2
1.1.1 Heading 3 – Definition and significance of project control 2
1.1.2 Heading 4 – Evaluation of effective project control 3
2.1 Heading 5 – Earned Value Management 4
2.1.1 Heading 6 – Definition of Earned Value Management 4
2.1.2 Heading 7– The objective and functions of Earned Value Management 4
3.1 Heading 8 – How the Earned Valued Influences the Project Control 5
3.1.1 Heading 9 – The benefits of EVM for project control 5
3.1.2 Heading 10 – The relationships between EVM and Project Control 6
3.1.3 Heading 11 – EVM in project control process 7
4.1 Heading 12– Conclusion 8
5.1 Heading 13– Reference 9
1. Heading 1 – Discuss how effective project control is a combination of Earned Value Management with carefully judged management reaction to this and other information.
To succeed in maximizing the value of a project, it is necessary to build a perfect management system which includes its tool, techniques and theory. In project management process, an appropriate project control development plays an essential role (Shtub, Bard & Globerson 2005). The Earned Value Management (EVM) system furnishes effective project planning and controlling, which is made up of uniting specialized scope, schedule and cost. Therefore, Earned Value Management is one of the significant components of effective project control.
This essay will discuss how effective project control is a combination of Earned Value Management with carefully judged management reaction to this and other information. In order to better explore the relationship between the project control and Earned Value Management, this essay will start with a brief introduction of project