Spi and cpi and variances


Problem:

Here is a different project scenarios - pretend for a moment you are the project manager and you are evaluating the most recent data for each project. Look over the data and tell me what the data means and what actions you might consider.

SCENARIO:

Cost Variance = -.3
Schedule Variance = -.25
Cost Performance Index = .62
Schedule Performance Index = .91

1) Tell me what this data indicates (100-150 words)

2) As the project manager what actions might you consider taking? (100-150 words) Include a minimum of:

a. Two (2) options to rebalance at the project level
b. One (1) option to rebalance at the business case level
c. One (1) option to rebalance at the enterprise level.

I do not even know where to begin on this assignment. I have 5 more of these. Could someone at least provide me with some direction. Let me know what you need it terms of credits.

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