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retained logic

Schedule prediction: From a retained to an overridden logic

One of the primary tasks during project control is periodically updating the baseline schedule to reflect the actual progress of the work done and to present a realistic forecast of the remaining work. A project in progress can be monitored using Earned Value Management (EVM). In this technique, the schedule predictions using the performance metrics available in EVM completely rely on estimates about the percentage completion of the activities and give a helicopter view on the performance of the project at the current status day (see “Earned Value Management: Forecasting project outcome”).

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