Fleming and Koppelman describe key events that accompany procurement on projects. They are the following:
The project manager must define the items to be procured. This is usually done by conducting a “make or buy” analysis, typically under the direction of the project manager, or staff.
Using the statement above describe the implications for EVM. How can the work described in this event be separated into distinct tasks? How can task completion be estimated in terms of costs? In terms of earned value