Explain the value of pert estimating-risk matrices


Problem:

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The CIO wants to make sure that your project schedule is accurate, that the project doesn't bring big surprises that are not planned for, and that he can be sure that what is needed gets accomplished. Write a memo to him assuring him of how all these things are controlled-- explain the value of PERT estimating, Risk Matrices and Earned Value Management and how they assist in:

- The scheduling and controlling of a project

- Making project and segment trade offs

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