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Tom Jones is explaining the Control Costs process to a group of Project Management interns. The interns are in their final year of college and

Tom Jones is explaining the Control Costs process to a group of Project Management interns. The interns are in their final year of college and most of them are very familiar with project measurement techniques they have been taught in school. Tom points out that the organization uses Earned Value Management to measure performance on projects. One of the interns asked what does Earned Value Management measure, Tom responds

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