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Assume you are on a project management team along with four other team members. Your project manager has given the team a report showing negative
Assume you are on a project management team along with four other team members. Your project manager has given the team a report showing negative cost variance and asked the team to meet to discuss the causes and some possible ways to address it. Prior to the meeting, it's important to make sure that you have a good understanding of earned value and cost variance and how they can impact a project plan. Create one initial post and follow up with at least two response posts. For your initial post, address the following: Explain the relationship between cost variance and project performance. What does it mean if a project has a negative cost variance? Explain how you would address a negative cost variance to bring a project back on budget. For your response posts, address the follo
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