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Essay Available:
Pages:
1 page/β‰ˆ275 words
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Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
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MS Word
Date:
Total cost:
$ 4.32
Topic:

Earned Value Metrics (EVM)

Essay Instructions:

Instructions
Think of a time when you needed to monitor and report progress, but you did not have the ability to implement earned value metrics (EVM). How did you measure and provide an accurate and unambiguous account of project progress? What were the limitations?
Your entry must be at least 200 words in length. No references or citations are necessar

Essay Sample Content Preview:

Earned Value Metrics (EVM)
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When I was unable to use earned value metrics (EVM), I had to rely on a simple technique to monitor and report progress. First, the project was subdivided into tasks, to which milestones and timelines were assigned. Second, the costs associated with the activities and resources consumed were to be monitored. Therefore, the project plan became the basis for monitoring and reporting. The plan provided the expected timelines and costs, which acted as a checklist. The actual figures were recorded alongside the figures in the checklist. The deviation was recorded to indicate whether the project was on schedule. Actual project costs were also recorded and compared to the plan, and the difference was used to inform whether the p...
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