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Project Management Earned Value Calculation
A construction project was 40% complete at month five. The actual cost so far was $100,000; the schedule variance was $20,000 and the spending variance was $-15,000. Evaluate the earned value completed and the total planned cost for the project at completion.
Describe project risk management as a component of the project management process - What does project risk management mean in the context of project management?
Taking a cue from the above, planning is a scrupulous effort that needs to be well documented in order for projects to succeed
Evaluate the NPV of each project and which projects should the firm undertake - Find NPVs with differing project risks
Which is the most important - which do you consider to be the most important level of quality and why?
Quantitative analysis - Critical paths and what happens to the project if a task on the Critical Path is missed or delayed. What about a task on a non-critical path that is missed or delayed?
Explain how do you get started and what methods help in scheduling? Is there the same kind of team process involved as in building the WBS?
Project management: Changes to Baseline - when would a project manager not allow changes to a baseline?
Create a risk identification checklist, and Update risk management documents. Procedure
Discuss how you have used or might use risk protection and risk transfer in a situation.
When would a project manager not allow changes to a baseline?
Show the role of PERT, CPM and Gantt in Project Management - Identify the purpose of each tool and circumstances for using each.
Risk Designation - explain what are the advantages of using a high-moderate-low
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