Why can spending less than planned still be bad news?
A project may spend less than its budget so far because it has completed less work than expected. Earned-value analysis compares planned work, completed work expressed at its budgeted value, and actual spending. That separates two questions that a spending total alone cannot answer.
Questions you could explore
- What would you need to know before calling a low spend good performance?
Start reading
- NASAEVM Tutorial
NASA’s tutorial explains planned value, earned value, actual cost, and the interpretation of cost and schedule variances.
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