One of your final assignments, Quiz 8, includes an essay on Earned Value Management. Your essay should be 1- 2 pages in length. When writing your essay, ensure that you address each of the following subjects:

Project Management

Scope, WBS and WBS Dictionary's

Managing Project Risk

Responsibility Matrix

Control Accounts

Work Teams

Scheduling

Baselines and Changes

Types of Schedule

Schedule Logic and Critical Path

Measuring Schedule Status

Estimating

Earned Value

Measuring Accomplishment

Performance Measurement

Variance analysis

Corrective Actions

EAC's

You must address each of these topics in your essay and demonstrate your understanding of the concept. Why are these elements important in managing projects and how are they useful?