{"id":90104,"date":"2022-08-23T10:14:06","date_gmt":"2022-08-23T10:14:06","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/6-2-case-study-managing-earned-value-ev-project-management-class-seminar-in-project-managment-southern-new-hampshire-university\/"},"modified":"2022-08-23T10:14:06","modified_gmt":"2022-08-23T10:14:06","slug":"6-2-case-study-managing-earned-value-ev-project-management-class-seminar-in-project-managment-southern-new-hampshire-university","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/6-2-case-study-managing-earned-value-ev-project-management-class-seminar-in-project-managment-southern-new-hampshire-university\/","title":{"rendered":"6-2 case study: managing earned value (ev) -project management class | seminar in project managment | Southern New Hampshire University"},"content":{"rendered":"<div>\n<p>\u00a0Overview: Many project managers employ an earned value system to monitor their projects. In Project Management: The Managerial Process, Larson and Gray (2017) define the earned value of a project as \u201cthe percent complete times its original budget. Stated differently, EV is the percent of the original budget that has been earned by actual work completed\u201d Earned value analysis determines if you are getting value for the work completed and the money spent during a specific time frame.\u00a0<\/p>\n<p>Prompt: Analyze the case study Ariba Implementation at Med-X: Managing Earned Value (this case study can be located in your custom Textbook\/Case Study bundle). Using earned value analysis, you will determine why the company\u2019s e-procurement implementation project is not going according to plan. Once a cause has been discovered, you will make a recommendation to fix the problem. Specifically, the following critical elements must be addressed:\u00a0<\/p>\n<p>\uf0b7 Cost: Give an estimate of the cost of the project. \uf0b7 Time: Give an estimate regarding how long the project will take. \uf0b7 Cause: Based on your analysis, give an explanation as to why the company\u2019s project is not going according to plan. What is wrong with the project? \u00a0Support your explanation with evidence from your analysis. \uf0b7 Recommendations: What action(s) do you recommend to address the cause of the problem? Support your recommendations with evidence from your analysis. \uf0b7 Application: How do you foresee using earned value metrics on your own projects currently or in the future?\u00a0<\/p>\n<p>The EV assignment is based off the following case study: (I&#8217;ll post the link for this soon; I can&#8217;t find it and apparently none of my classmates can either).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Overview: Many project managers employ an earned value system to monitor their projects. In Project Management: The Managerial Process, Larson and Gray (2017) define the earned value of a project as \u201cthe percent complete times its original budget. Stated differently, EV is the percent of the original budget that has been earned by actual work [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-90104","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/90104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=90104"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/90104\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=90104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=90104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=90104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}