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⟩ Suppose after a series of analysis, you realized that your project is ahead of schedule but under cost. What does that tell you about the project?

First, the analysis carried out is the earned value analysis. Being over schedule and under cost simply means you have completed more work than you should have below the planned cost for that project phase. Yes, that’s great news, but you should also begin to look and analyze the risk using the risk indicators in order to determine if there was an oversight.

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