20 Dec 2017
6 cost forecasting techniques in EVM
The value of integrated cost risk analysis
Why should you invest in an integrated cost risk analysis for your project? To this day, we at Proove see a big gap between cost and schedule risk analysis. To save the project world from low quality project cost estimations, let our virtual colleague Millie show you what a good cost analysis should look like.
The real value of an integrated cost risk analysis is understanding that on the one hand, schedule delays have a negative impact on the total cost. Schedule accelerations, on the other hand, have a negative impact on the the cashflow.
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