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7 - PROJECT COST MANAGEMENT






                        •   trend analysis. Trend analysis examines project performance over time to determine if performance is
                           improving or deteriorating. Graphical analysis techniques are valuable for understanding performance
                           to date and for comparison to future performance goals in the form of BAC versus EAC and completion
                           dates.
                        •   Earned  value  performance.  Earned  value  performance  compares  the  performance  measurement
                           baseline to actual schedule and cost performance. If EVM is not being used, then the analysis of the cost
                           baseline against actual costs for the work performed is used for cost performance comparisons.




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                   ©2013 Project Management Institute. A Guide to the Project Management Body of Knowledge (PMBOK  Guide) – Fifth Edition   223
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                                           Licensed To: Jorge Diego Fuentes Sanchez PMI MemberID: 2399412
                                       This copy is a PMI Member benefit, not for distribution, sale, or reproduction.
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