,Cost Management - Percentage Rules
0–100 percent rule
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No credit is given for any work completed until the task is completed.
This rule makes it very difficult to obtain any meaningful information using
EVM. The project will appear to always be running behind schedule.
2x maturity models:
Give this one a try later!
CMMI
OPM3
Monitor vs Control
control is...
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...uses the information supplied by the monitoring techniques in order to
bring project actual results in line with stated project performance
standards.
, Earned Value Method (EVM)
Cost variance (CV)
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earned value (EV) minus actual cost (AC), or CV = EV - AC.
quality control
cause-and-effect analysis
Give this one a try later!
fishbone diagram based on what the final diagram
resembles—is used when a problem or issue has been
discovered and you need to determine its root cause so
that
validating scope
The process of validating scope is responsible for...
Give this one a try later!
0–100 percent rule
Give this one a try later!
No credit is given for any work completed until the task is completed.
This rule makes it very difficult to obtain any meaningful information using
EVM. The project will appear to always be running behind schedule.
2x maturity models:
Give this one a try later!
CMMI
OPM3
Monitor vs Control
control is...
Give this one a try later!
...uses the information supplied by the monitoring techniques in order to
bring project actual results in line with stated project performance
standards.
, Earned Value Method (EVM)
Cost variance (CV)
Give this one a try later!
earned value (EV) minus actual cost (AC), or CV = EV - AC.
quality control
cause-and-effect analysis
Give this one a try later!
fishbone diagram based on what the final diagram
resembles—is used when a problem or issue has been
discovered and you need to determine its root cause so
that
validating scope
The process of validating scope is responsible for...
Give this one a try later!
