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psm34 replied to the topic planned value vs actual costs in the forum Project Management Process and Medical Device Development 7 years, 3 months ago
To add on, this will let the team and upper management decide whether or not a project is worth following through on if it hits too many road bumps. If there are major set backs that were not planned for in the planned value and the actual costs begin to skyrocket, its clear that the project will shut down prior to completion.