The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,High School,College,University
| Teaching Since: | Apr 2017 |
| Last Sign in: | 359 Weeks Ago, 6 Days Ago |
| Questions Answered: | 6064 |
| Tutorials Posted: | 6070 |
Doctor of Education in Educational Leadership with a Specialization in Educational Technology
Phoniex University
Oct-1999 - Nov-2005
HR Executive
a21, Inc.
Nov-1998 - Dec-2005
Assignment 4: Earned Value Management (EVM)
Due Week 8 and worth 130 points
Use the Internet or the Strayer Library to research articles on EVM.Â
Project managers often use Earned Value Management (EVM) if they want to compare the status of their projects to their project plans. Using the same project from Assignment 3, develop a project scenario to explain the amount of work that you have completed with the funds allotted.
This assignment consists of two (2) sections:Â
You must submit both sections as separate files for the completion of this assignment. Label each file name according to the section of the assignment for which it is written. Additionally, you may create and / or assume all necessary assumptions needed for the completion of this assignment.
Section 1: MS Project Exercise
Assume that your project is using more resources (e.g., time, money, and / or other non-labor resources, etc.) than anticipated through 50% of the project duration.Â
1. Update the project schedule to reflect related resource changes.Â
2. Produce a series of EVM reports from MS project that illustrates your project’s performance. Note: Your reports should focus on the cost and schedule performance of the project.
Section 2: EVM Paper
Write a two to three (2-3) page paper in which you:
3. Summarize the resource changes of your project, and discuss the performance results of your project.
4. Determine one (1) performance measurement baseline for your MS Project. Justify your response.
5. Apply earned value analysis (EVA) in order to forecast future cost issues. Justify your response.Â
Your assignment must follow these formatting requirements:
Sol-----------uti-----------ons----------- fi-----------le ----------- He-----------llo----------- Si-----------r/M-----------ada-----------m -----------Tha-----------nk -----------you----------- fo-----------r y-----------our----------- in-----------ter-----------est----------- an-----------d b-----------uyi-----------ng -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------. P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I-----------