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Time is Money: The Importance of Earned Value Management

MPUG

In other words, EVM helps you quantify the performance of a project. It compares costs and schedules to a baseline to determine if the project is on track. Definitions. Let’s define such using PMI as our guide: Earned value (EV) is the measure of work performed, expressed in terms of the budget authorized for that work.

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125 Project Management Buzzwords

The IIL Blog

Dependency Mapping Identifying and documenting the relationships and dependencies between project tasks or activities. Earned Value Management (EVM) A systematic approach to project performance measurement assessing schedule and cost performance. Feasibility Study An analysis of a project’s viability.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

The Role of Project-Associated Functions These functions are the project knowledge areas indispensable for the seamless planning, execution, and control of projects. Creating value throughout the project life cycle and integrating actions toward expected outcomes is one of the value propositions of managing projects.

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Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

Today’s PMI activity code, I’ll have up on the screen here in a minute. I mentioned the five star because I saw this event is up on PMI. Jeff: PMI took a stand back and said, you know what? A project is more organic in a lot of cases. You can see that up here on the slide. Jeff, a big MPUG welcome back.

PMI 59
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The Complete Glossary of 614 Project Management Terms

Workamajig

Certified Associate in Project Management (CAPM) : A certificate in project management basics offered by Project Management Institute (PMI). A CAPM is often a basic requirement for project management roles. Deflection: The process of using subcontracts to transfer specific project risks to a third party.