J
Julio88
Guest
Earned Value Management (EVM) is a project management technique used to measure project performance and progress. It is a common practice in industries outside of casinos and gambling, and there are arguments for and against its use in the casino industry.
While casinos are essentially entertainment businesses, they still have large-scale projects with considerable budgets that require management. EVM could be useful in tracking budgets, project completion rates, and potential risks. However, some critics argue that the industry's unique nature may make traditional project management techniques ill-suited.
In conclusion, whether or not casino businesses should make use of Earned Value ultimately depends on the specific project and its circumstances. It is ultimately up to the casino's management to determine the appropriate project management methods to use based on their specific requirements and available resources.
While casinos are essentially entertainment businesses, they still have large-scale projects with considerable budgets that require management. EVM could be useful in tracking budgets, project completion rates, and potential risks. However, some critics argue that the industry's unique nature may make traditional project management techniques ill-suited.
In conclusion, whether or not casino businesses should make use of Earned Value ultimately depends on the specific project and its circumstances. It is ultimately up to the casino's management to determine the appropriate project management methods to use based on their specific requirements and available resources.