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Earned Value Method offcourse : it becomes a significant branch of project management.
Implementations of EVM can be scaled to fit projects of all sizes and complexity.
top level it is option(1) Earned value Cost. Thanks.
EVM is the most important Project evaluation technique, it focus on deliverable rather than tasks or process and this is the pure value of efficiency. The target of initiating any project is the results and deliverable.
Earned Valued Cost.
However, it requires an effort in introducing the progress of the project and sometimes it is not so easy.
The time duration used to accomplish the sale, and the necessary efforts and accuracy
It is the earned value cost inasmuch as it gives the management and owner as to how far the project achieves in terms of cost as per contract including time.
My preference is the Earned manhours which in turn helps to determine increase or decrease in resources to possibly accomplish the project within required duration and cost. Of course all three are important but earned manhours form the basis of all calculations in my case.
Duration % by Earn M/H and Earn Cost Value