Question: Hi there! Can you help me with my assignment in project cost management? I did my best to answer these two questions but I feel

Hi there!

Can you help me with my assignment in project cost management? I did my best to answer these two questions but I feel like my assessment is not enough. Would love to hear your viewpoint.

1. What should Martin have done earlier in the project timeline to prevent delays? - Establish a baseline plan that includes specific timelines and budgetary constraints, and monitor the project's progress against the baseline plan regularly. - Use earned value management (EVM) techniques to track the project's progress against the baseline plan. - Communicate and update the project sponsor regularly

2. What should Martin do when managing future projects to prevent similar problems from developing? - Establish a robust project management plan that includes a detailed project scope, budget, schedule, and resource plan. - Establish an effective communication plan that ensures all stakeholders are informed about project status, risks, and issues. - Manage change effectively by establishing a change management process that controls and documents all changes to the project. - Establish contingency plans for potential risks and issues that could impact the project.

Please see below link of the case study to be analyzed.

https://drive.google.com/drive/folders/1pKFH-yKvKPiEighrBS5JElRuqawVRXbR?usp=sharing

Thanks!

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!