Benchmark – Cost and Earned Value Management
Assessment Description
The purpose of this assignment is to establish a baseline, record actual project data, and utilize earned value management data to measure project performance and communicate necessary project adjustments to stakeholders.
Part 1
Review the “Project Execution” section of Chapter 3 in the textbook. Follow the steps provided to guide your baseline process and the subsequent status of you plan.
Revised Actuals:
Revised Resource Labor Costs:
Part 2
Using the information from “Global Treps Project Rev5,” you must evaluate the seriousness of the threats to project success based upon data from the Earned Value Table and Earned Value Report. Complete the steps below to access the data.
Questions:
Part 3
Create a management report to discuss where the project stands in terms of the triple constraint: meeting scope, time, and cost goals at a specific point in time. Use the revised information from the Microsoft Project earned value dashboards and reports to communicate the project status to project stakeholders. Be sure the comments address each of the questions below and provide any additional information required in the template.
General Requirements
Submit the “Global Treps Project Rev5,” the Word document, and the project management report.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are not required to submit this assignment to LopesWrite.
Benchmark Information
This benchmark assignment assesses the following programmatic competencies and professional standards:
BS Business Analytics
5.4: Use appropriate project management techniques to effectively manage analytics-related projects.
BS Applied Business Analytics
1.4: Use appropriate project management techniques to effectively manage analytics-related projects.
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