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Avoid the Hustle

600-1200 WORDS IN APA FORMAT WITH REFERENCES AND NO PLAGARISM

Category: Essay Writing

Earned Value Management System

  • Discuss how an earned value analysis will be utilized for this project or Key Assignment, including the formulas to compute earned value analysis (EVA).
  • Cover the following 4 scenarios and what you should do:
    • Behind schedule and over budget: Include a sample calculation that would trigger this interpretation, along with a graph.
    • Ahead of schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
    • Behind schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
    • Ahead of schedule and under budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
  • Discuss for each of the above situations how you compute the final cost and end date if nothing changes with its present state.
  • Overall Cost and Schedule Performance
    • Discuss how you will monitor progress.
    • Discuss what metrics, reports, and graphs you will use to monitor progress.
    • Discuss how they would determine the cause of the variation.
    • Discuss how you will respond to deviations; (specifically around schedule compression and a contingency budget).