Business Unleashed: Mastering Management

This podcast provides a comprehensive guide on Earned Value Management (EVM), a methodology used to integratively control the scope, costs, and schedule of a project. It explains how EVM is used to assess project performance and progress, introducing key concepts such as Planned Value (PV), Actual Cost (AC), and Earned Value (EV). The document also details how to calculate cost and schedule variances and provides an in-depth explanation of relevant performance indices like CPI and SPI. Finally, it describes how cost projections can be used to estimate the total project cost and assess project performance.