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Which tool or technique measures performance of the project as it moves from project initiation through project closure?
A. Resource leveling
B. Parametric measuring
C. Pareto chart
D. Earned value
Correct Answer: D
Explanation/Reference:
Explanation:
7 4 2.1 Earned Value Management
Earned value management (EVM) is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress. It is a commonly used method of performance measurement for projects. It integrates the scope baseline with the cost baseline, along with the schedule baseline, to form the performance measurement baseline, which helps the project management team assess and measure project performance and progress. It is a project management technique that requires the formation of an integrated baseline against which performance can be measured for the duration of the project.
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