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THE COSTS AND BENEFITS OF THE EARNED VALUE MANAGEMENT PROCESS David S. Christensen, Ph.D. College of Business Southern Utah University Cedar City, Utah 84720 Email: Christensen sub.edu Phone: (435)8658058
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Start by obtaining the cbaevmspdf form. This can usually be found on the official website of the organization or institution that requires it.
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Identify the specific costs associated with the project or decision being evaluated. This may include monetary expenses, resource allocation, or any other expenses incurred.
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Determine the benefits that will result from the project or decision. These can be both tangible and intangible, such as increased revenue, improved efficiency, or enhanced customer satisfaction.
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Quantify the costs and benefits whenever possible. This may involve assigning monetary values or using measurable metrics to assess the impact and magnitude of each item.
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Compare and analyze the costs and benefits to assess the feasibility and desirability of the project or decision. Consider factors such as long-term sustainability, potential risks, and overall alignment with organizational goals.
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