Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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If partway through the project we discover that more money has actually been spent to that point than was planned:
we do not know if the situation is good or bad until we examine earned value
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we know the project is in trouble because there is a cost overrun
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we know we are ahead of
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we know the project is in trouble because there is a budget shortfall
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we should attempt to convince management to cancel the project immediately
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