Integration of Earned Value and Risk Management
Gregg Hughes will share with us a simplified approach for integrating risk management into earned value through the use of contingency reserves. Most project managers that use earned value performance management consider risk as a somewhat separate process with risk registers, mitigation and contingency planning. Gregg will present the use of risk work packages with budget and schedule values entered into the project planning process. As risk events occur or not, he will describe alternate ways to measure project performance. Gregg will also share some real life examples of projects to prove how effective the system is in integrating risk and earned value.
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