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Implies:
- Found less costly ways to do the work/work done in less time than planned
- High quality (productive) work with below average costs
- Work is less complex
- Fewer revisions & rework
- Decreases to overhead/labor rates
- Vendor discounts
- Quantity discounts
- An effective & efficient process
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Note:
This is the best-case scenario to be in (but further analysis should be done)
Note: Please associate this slide with the Earned Value Chart