A project manager working on a predictive, plan-based software development project needs to report schedule variance (SV) at the next status meeting to show whether the team is ahead of or behind the approved schedule baseline. Which project performance measurement technique should the manager use to calculate SV?
Earned Value Management is used to calculate schedule variance by comparing the earned value (EV) to the planned value (PV). This technique helps project managers determine whether the project is ahead of or behind the planned schedule. Critical Path Method identifies the longest path through the project but does not calculate variances. Resource Leveling adjusts resource allocation without calculating schedule performance, and Risk Analysis evaluates potential project risks but does not measure schedule variance.
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CAPM
Predictive, Plan-Based Methodologies
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