Table of Contents
Introduction3
Objective of the Paper5
Thesis Statement5
Project Overview5
Critical Analysis of Cost and Value Management6
Cost Management:6
Value Management7
Importance of Work Packages in Development and Use of WBS8
Establish a Cost and Schedule Performance Measurement Baseline9
Image 3: Performance Measurement Baseline and Relationship with Technical, Schedule and Cost baseline10
EVM and how it helps Project manager to understand the Project Status10
Use of Project Control Charts to Show Project Status and Present Value12
Recommendation12
Conclusion13
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