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Improving project forecast accuracy by integrating earned value management with exponential smoothing and reference class forecasting
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文摘

Integration of a single smoothing parameter in known EVM framework ensures easy use

Integrating exponential smoothing allows forecasts based on more recent performance

Able to consider effect of natural performance improvement and corrective actions

Smoothing parameter can be dynamically adjusted according to management insights

Huge potential increase in time and cost forecasting accuracy, especially with RCF

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