Question Description
- Earned Value Management System
- Discusshow an earned value analysis will be utilized for this project or KeyAssignment, including the formulas to compute earned value analysis(EVA).
- Cover the following 4 scenarios and what you should do:
- Behind schedule and over budget: Include a sample calculation that would trigger this interpretation, along with a graph.
- Ahead of schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
- Behind schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
- Ahead of schedule and under budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
- Discuss for each of the above situations how you compute the final cost and end date if nothing changes with its present state.