Your sponsor mentions that Earned Value Management technique has gaine

1.	Your sponsor mentions that Earned Value Management technique has gained immense popularity in recent years and you should consider using this in the current project.
Answer» KNOWLEDGE Area:Schedule Management Fast tracking and Crashing are techniques for expediting the project ACTIVITIES. They are applied when there is schedule variance OBSERVED. As explained in above question, adding more RESOURCES is termed as “Crashing” and doing tasks in parallel is termed as “Fast Tracking”. Crashing may add more cost to the project, WHEREAS Fast Tracking may add additional risk of rework since tasks will be performed in parallel.

Your sponsor mentions that Earned Value Management technique has gained immense popularity in recent years and you should consider using this in the current project.

Answer»

KNOWLEDGE Area:Schedule Management

Fast tracking and Crashing are techniques for expediting the project ACTIVITIES. They are applied when there is schedule variance OBSERVED. As explained in above question, adding more RESOURCES is termed as “Crashing” and doing tasks in parallel is termed as “Fast Tracking”.

Crashing may add more cost to the project, WHEREAS Fast Tracking may add additional risk of rework since tasks will be performed in parallel.

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Your sponsor mentions that Earned Value Management technique has gained immense popularity in recent years and you should consider using this in the current project.

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