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Case Study You are the project manager on a project that has $900,000 software development effort (budget). According to the project schedule your team should
Case Study You are the project manager on a project that has $900,000 software development effort (budget). According to the project schedule your team should have done 38% of the work. As of today, the project is 42% complete while 50% budget has been used. Earned Value Management (EVM) is a project management technique for measuring project performance (schedule, cost mainly) and progress in an objective manner in terms of work achieved (Value). Calculate Earned Value Management (EVM) measures listed below for this case: Cost Performance Index (CPI) Schedule Performance Index (SPI) Expected cost At Completion (EAC) The Schedule Variance (SV) The Cost Variance (CV) Make a conclusive comment on how the project is tracking in terms of both schedule and cost
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