Why was one of the earliest project tracking devices, Project Management

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Why was one of the earliest project tracking devices

Question: 1. Why is the generic four-stage control cycle useful for understanding how to monitor and control projects?

2. Why was one of the earliest project tracking devices referred to as an S-curve? Do you see value in the desire to link budget and schedule to view project performance?

3. Suppose the SPI is calculated as less than 1.0. Is this good news or bad news for the project? Why?

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