Option #2: Earned Value Analysis Earned Value Analysis (EVA) has been used effectively on some projects and has been difficult to use on other projects. Explain why EVA is useful to the project team a

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Option #2: Earned Value Analysis

Earned Value Analysis (EVA) has been used effectively on some projects and has been difficult to use on other projects.

  • Explain why EVA is useful to the project team and management, and explain in what ways it is problematic on other projects.
  • You must give examples of projects from your experience or research on both the usefulness and problematic EVA categories.

Paper Requirements:

  • The body of your paper, the part between the thesis and conclusion, should be equally balanced between the usefulness and problems with EVA.
  • Please note that this paper should be at least five pages long.
  • Be sure to properly organize your writing and include an introductory paragraph, headings/subheadings for the body of your work, discussion recommendations, and a conclusion.
  • Format your entire paper in accordance with the CSU-Global Guide to Writing and APA (Links to an external site.).
  • Your paper should be at least five pages. The page count does not include the required title page and reference page, nor does the page count include any supplemental pages, should you use them, such as appendices.

Prepare your work using at least one of this week’s required readings and one outside reference (a peer-reviewed scholarly article published in the past five years). The CCSU-Global Library (Links to an external site.) is a good place to find these resources. The Library offers this Project Management Resource Guide (Links to an external site.) to assist you with research and writing.

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Last week, you were given control of a project. You have properly defined your project. Now, it is time to estimate your budget. Your Project Sponsor has set a limit on the amount of money you can spe

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Last week, you were given control of a project. You have properly defined your project. Now, it is time to estimate your budget. Your Project Sponsor has set a limit on the amount of money you can spend. You know your budget will exceed what that limit is. Using the information covered in the required readings, describe the key components of your budget that you will need, as well as how long it will take to complete it (using the materials we covered this week), and why it exceeds your Sponsor’s limit.

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Further to Chris Tomasso’s expression of surprises, the company has now decided to work on three time estimates in lieu of the deterministic time estimates used before. The company is confident that w

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Further to Chris Tomasso’s expression of surprises, the company has now decided to work on three time

estimates in lieu of the deterministic time estimates used before. The company is confident that while the

Most Likely Time estimate for each activity will follow the current activity time presented in column #4 for

the same activity, the Optimistic Time estimate will be 20% lower than the Most Likely Time Estimate, and

the Pessimistic Time will be 50% more than the Most Likely Time Estimate. For instance, activity A that

has Most Likely Time estimate of 7 weeks will have an Optimistic Time estimate of 5.6 weeks (7 x 0.8 = 5.6

weeks) and Pessimistic Time estimate of (7 X 1.5 =10.5 weeks). Complete an appropriate chart to show the

(a) critical path, (b) project completion time, (c) probability that project will be completed in less than 34

weeks?

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Each project manager has a group they feel is essential to project success. This is called an “A-Team.” That team will have to interface with stakeholders throughout the life of the project. Compare y

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Each project manager has a group they feel is essential to project success. This is called an “A-Team.” That team will have to interface with stakeholders throughout the life of the project. Compare your ideal “A-Team” to a team that you have recently been on. Speculate as to why your ideal “A-Team” might have been more successful engaging with stakeholders and why, in general, you believe an “A-team” is essential to project success.

Incorporate and cite a minimum of two current credible references using APA format, post a minimum of 200-350 words for your initial discussion post.

The textbook used is Business Analysis: Best Practices for Success. Recommended reading is Chapter 5 in The PMI Guide to Business Analysis and Byatt, G., Hamilton, G., & Hodgkinson, J. (2012, December 19). Tips on stakeholder management. PM Times.

If you have any questions, please notify me.

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