Week 4 - Kerzner (2022) defines earned value management

Week 4:

Kerzner (2022) defines earned value management (EVM) as a systematic process that uses earned value as the primary tool for integrating cost, schedule, technical performance management, and risk management. The EVM focuses on identifying and resolving issues before they become a problem. 

Read through the Franklin Electronics Case Study on p 643 of  Project Management: A Systems Approach to Planning, Scheduling, and Controlling. Answer the following questions with support from additional resources. Cite your sources according to APA guidelines.

Respond to the following in a minimum words: 

· What additional information should have been included in the status report?

· Does Franklin Electronics understand earned value measurement? Why? If not, what went wrong? 

· Does proper earned value measurement serve as a replacement for interchange meetings? Why or why not?

 

Reference

Kerzner, H. (2022).  Project management: A systems approach to planning, scheduling, and controlling (13th ed.). Wiley & Sons. 

 

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