How Variance is Identified with Earned Value Management

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How Variance is Identified with Earned Value Management:

Earned Value Assessment is a tool used to evaluate the performance of a team and status of the project. This analysis is performed in comparison to the project plan, and is determined by three factors:

  1. BCWS
  2. BBCWP
  3. ACWP

Definitions for these three factors are as follows: 

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