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Do the EVM principles still apply for managing projects that only span a short amount of time and/or cost a small amount of money? Explain

Do the EVM principles still apply for managing projects that only span a short amount of time and/or cost a small amount of money?

Explain thoughts on the use of EVM for small-scope projects.

Specifically, can EVM still be successfully employed on small projects? Why or why not?

Describe either

  1. An example of how it could be successfully employed, or
  2. how trying to use EVM would not be realistic or prudent.

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