Assignment
Your company is a dynamic organization that depends on using standard project management techniques as prescribed by PMBOK in managing series of projects to keep its IT infrastructure in alignment with its business goals.
Your company has decided to use the earned value management (EVM) technique to monitor and control projects. In a report of 2 pages, complete the following:
I. Define the concepts of cost variance and schedule variance.
II. Demonstrate your understanding of EVM by using appropriate examples to illustrate the schedule performance index (SPI).
III. Analyze how knowledge of the SPI will help you as a project manager in controlling the project and ensuring that it is completed within the scheduled target.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.