Question: 1 . By using an example, explain the type of project performance information that is useful to the team when determining if the cost, schedule,

1. By using an example, explain the type of project performance information that is useful to the team when determining if the cost, schedule, and scope baselines are on target. 2. Discuss the process by which changes to the project scope are managed. Why is it important to have a formal process? 3. Explain the following EVM results: Project A (CV=400, SV=-700): Project B (CPI=1.30, SPI=.74): Project C (CV=-850, SV=-450); Project D (CPU=0.34, SPI=.18); Project E (CPI=1.0, SPI=1.0). In each situation, provide a plan of corrective action to the project manager, if any is recommended.4. By using an example, explain why the project manager might place more emphasis on the schedule over the budget. In other words, how does schedule drive costs?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!