Earned Value Management and Project Performance

Earned Value Management and Project Performance Paper details: It is bonus time at Zungoo Electronics, when the CIO needs to determin" rel="nofollow">ine which projects excelled in" rel="nofollow">in the previous year. As the director of PMO, your job is to help the CIO with a summary recommendation of the five projects executed, as show in" rel="nofollow">in the table attached: Compute the followin" rel="nofollow">ing earned value metrics for the five projects named above: Schedule Variance (SV) Cost Variance (CV) Schedule Performance Index (SPI) Cost Performance Index (CPI) Then, respond to the followin" rel="nofollow">ing: Graphically display the four earned value metrics computed above in" rel="nofollow">in a chart and rank the five projects in" rel="nofollow">in the order of performance from top to bottom. Based on the computation, answer the followin" rel="nofollow">ing questions: What do SPI and CPI demonstrate? How do you plan to use this in" rel="nofollow">information in" rel="nofollow">in your recommendation to the CIO? How are SV and CV related to one another? Why are these terms important? What are the major advantages of usin" rel="nofollow">ing earned value metrics to understand the effectiveness of project performance? What do you perceive are its disadvantages? What are the challenges associated with obtain" rel="nofollow">inin" rel="nofollow">ing earned value metrics? What can you do as a project manager to min" rel="nofollow">inimize the challenges?ÕÉ?•?•? What are your recommendations given the in" rel="nofollow">information above? Your responses should be in" rel="nofollow">integrated in" rel="nofollow">in a well-written paper that meets the followin" rel="nofollow">ing requirements: Be 2 to 3 pages in" rel="nofollow">in length plus graphical elements. Be formatted accordin" rel="nofollow">ing to the CSU-Global Guide to Writin" rel="nofollow">ing and APA Requirements. Include and reference two credible sources