Define And Elaborate On The Concept Of Earned Value Managemeny Project Management

In a paper, define andelaborate on the concept of earned value management in a project setting.Identify benefits to this model as going above and beyond the concepts ofbudgetary projections. Be sure to explain the sensitivity and perishability ofthe EVM calculation as well as how EVM should be explained along with yourfinancial and cost reports to ensure a clear picture of the project status intime. 

3+ pages; 3-4 references; APA format

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