Earned value management-including three key dimensions


Assignment

In this option, you will focus your research and writing on a service type project with an international component.

Your assignment is as follows:

Imagine that you are writing a scholarly paper for consumption by a new undergraduate student in the project management program. In your paper, explain the following:

• Rules for cost and performance management-including a discussion of earned value measurement (EVM) techniques.

• Earned value management-including three key dimensions for each work package.

• Schedule forecasts-including purpose and measurement during monitoring and controlling.

• Cost estimates-including basis of estimates, vendor bid analysis, cost benefit analysis, and cost of quality.

• Budget-including cost baseline, management reserve, control accounts, contingency reserve, activity contingency reserve, and project funding requirements.

• Procurement-including bidder conferences, proposal evaluation, advertising, seller selection, and agreements.

Your well-written paper must meet the following requirements:

• 3-5 pages in length, not including cover, references page, and appendices.

• Supporting documents must appear in appendices.

• The paper must be supported by at least four quality sources, two of which must be current, scholarly resources. For this assignment, current, scholarly sources are peer-reviewed journal articles published within the most recent three years and accessed from the library databases or other academic sources. Textbooks will not count toward peer-reviewed requirements, but may be used as quality sources if published within the most recent three years. The use of the PMBOK Guide as a quality source is strongly suggested. The PMBOK Guide is not a scholarly resource.

• Formatted according to the CSU-Global Guide to Writing and APA.

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Project Management: Earned value management-including three key dimensions
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