As you have read in this unit’s assigned reading, earned value management (EVM) assists project managers when measuring the overall performance of a project. EVM can be very useful in project forecasting and is used for cost and schedule control.
For this assignment, write an essay detailing the basic elements of earned value management. Additionally, discuss how the calculated results from EVM are part of an audit.
Your essay should be at least one page in length written in standard essay form following APA style. You are required to use at least one source outside of your course textbook.
Larson, E., & Gray, C. (2014). Project management: The managerial process (6th ed.). New York, NY: McGraw-Hill Education.