How and when will use evm?

Assignment Help Software Engineering
Reference no: EM13872193

Upon completion of this discussion, you will be able to

•Realize the factors that have an effect on project costs.

•Use earned value management (EVM) to control costs.

•Deal with ethical issues in project cost management.

Many project managers rise to their position because of their technical expertise and duration of experience. Therefore, many find cost management a new and challenging task. By having a good understanding of the principles of cost management as well as the tools and techniques involved, project managers can rise above this challenge.

Discuss the following topics in your initial post about budget preparation and EVM.

•Project costs can be affected by many factors such as inflation, change requests or the need to maintain a reserve. Explain any one factor and how you will act on it.

•How and when will you use EVM?

•Narrate an example of an ethical dilemma that project managers may have to contend with in project cost management.

Reference no: EM13872193

Questions Cloud

What are your cultural relationships : How would you describe your cultural (both intercultural and complementary) relationships and What works well and what challenges do you experience?
What is the value of the firms preferred stock : Can you explain the Zero Growth Model and solve this problem? A firm has to pay a dividend of $1.20 per share till perpetuity, a zero growth rate of dividends, and a required return of 10 percent. What is the value of the firm's preferred stock?
Shape of a rectangular solid : Force and Torque on a Dam. A dam has the shape of a rectangular solid. The side facing the lake has area A and height H. The surface of the freshwater lake behind the dam is at the top of the dam.
Dividend is expected to grow at constant rate : Hart Enterprises is expected to pay a $0.50 per share dividend one quarter from today. The quarterly dividend is expected to grow at a constant rate of 1% per quarter. Suppose you require a effective return of 12% a year. How much are you willing to ..
How and when will use evm? : How and when will you use EVM?
What were the potential conflicts and incompatible functions : What might be some difficulties that come about with administering Bob's access? What were the potential conflicts and incompatible functions in Alex's access account authorizations
Is it fair for the banker to suggest that cartwright : Someone told you that the table on page 45 of the Cohen Finance Book does not apply to companies like Microsoft or Apple that have much larger profit ratios, not the 1.6% displayed in C4. Is this true or false? Explain.
Question regarding the concrete foundation : For the cellar of a new house, a hole is dug in the ground, with vertical sides going down 2.40 m. A concrete foundation wall is built all the way across the 9.60-m width of the excavation.
Explain the variable growth model : Can you explain the variable growth model and try to solve this problem: Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after th..

Reviews

Write a Review

 

Software Engineering Questions & Answers

  Describe what design pattern can solve the above problem

Develop the above requirements in to user stories with scenarios and document them to form the product backlog as done in the Scrum methodology.

  Part 1 theory and business1identify computing devices which

part 1 theory and business1.identify computing devices which could be used to support your improved process.2.identify

  Office automation project in the printing industry

Discuss possible ramifications of these opposing objectives on the project and Which strategy do you favour? Justify your answer with relevant theory.

  Developing a comprehensive software development plan

Your team will not be implementing the actual development project, but rather, you will be developing a comprehensive software development plan document

  Software dependability and security

Software Dependability and Security, From the e-Activity, describe at least two unique instances where system security has been compromised in the corporate sector. As part of your response, explain how effective software engineering practice could..

  Draw erd of enrollment system using two different notions

Choose any real world scenario like enrollment system; draw ERD of selected case using two different notions (UML notion is mandatory).

  Create plan for converting shareware version to full version

Create the plan for converting shareware version to full version without paying one cent. If it is not possible for shareware to be converted to full version

  Explain why is a flowchart useful in developing and

write a 200 to 300 -word answer response to each of the following questionquestion 1 why is a flowchart useful in

  Compare and contrast at least three 3 vareious software

you have been hired as the cio of a large multinational internet advertising company. the president of the company is

  Limitations to erp for enterprise business solutions

What are some of the limitations to ERP for enterprise business solutions? What advantages does commercial off-the-shelf software provide over custom software

  Describe and illustrate this law with examples

Describe and illustrate this law with examples. This law was published in 1965; is this law still valid today? Justify your answer with examples.

  Tcp sender and receiver sequence

Think about a TCP sender and receiver. Suppose bytes 0 .. 99 have been sent, received, and acknowledged (the sender has received ack's for them). Suppose the sender sends the following segments

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd