Using Earned Value AnalysisOne of the key elements of effective project management is bringing together multiple concepts of scope, budget, and schedule management to have a system’s view of a project

One of the key elements of effective project management is bringing together multiple concepts of scope, budget, and schedule management to have a system’s view of a project.

• Explain how earned value analysis and the balanced scorecard are both useful tools for project managers, if they are.
• If your manager said that there was only time to collect data for EVA or the balanced scorecard which would you select to use and why?

You may find Table 7-1 in the PMBOK® Guide of use in this discussion.

Support your statements and conclusions using at least one current, peer-reviewed scholarly article. Current means that the article was published in the most recent five years. Be sure to include your citation/reference pair in accordance with CSU-Global Guide to Writing and APA(Links to an external site.).