Monitoring-controlling project cost for success of project


Once your budget is prepared and assigned across the work packages, it is critical to monitor and control your project's cost. Why is monitoring and controlling project cost significant for success of project? Write down some main components to monitor health of project, as it associated to earned value? Describe how earned value management is different than straight financial accounting?

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Project Management: Monitoring-controlling project cost for success of project
Reference No:- TGS032303

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