Discussion: "Collecting Cost and Schedule Performance Metrics"
Please respond to the following:
• From the first and second e-Activities, develop one innovative way to track key project costs (e.g., labor hours) for a complex project that lasts for two years and involves more than fifty resources. Be as creative as you like, and provide one example which shows the significant ways in which your innovation would work in a real-world situation.
• Using the hotel project from discussion, determine the best practice for conducting an earned value analysis for the project in question. Provide a rationale for your determination and one specific example which illustrates the significant ways in which the best practice in question would work in real life.
Discussion 2: "Steering Future Performance Back Toward the Baseline"
Please respond to the following:
• Determine the fundamental impact of not using a project management tool which clearly displays the effect of delays in delivering work packages, as required per your project schedule. Justify your response.
• From the e-Activity, determine at least two best practices for steering future performance back toward the baseline. Provide at least two specific examples of the utilization of such best practices to support your response.
Discussion 3: "Analyzing and Archiving"
Please respond to the following:
• From the first and second e-Activities, select one tool that you would use in order to analyze costs and schedules with regard to deliverables and / or work packages for a project of your choice. Specify the overall manner in which the utilization of the tool that you have selected would help to improve the management of your project. Justify your response.
• According to the text, archiving key project data is a must in project management. However, mistakes are bound to occur during such archiving. Determine one mistake that project managers are most likely to make when archiving cost and schedule data for their projects.
Next, propose one strategy or best practice for limiting the mistake in question. Justify your response.