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Your job as Project Manager just got interesting. You have spent considerable time getting ready to actually launch the project and now it is show
Your job as Project Manager just got interesting. You have spent considerable time getting ready to actually launch the project and now it is show time! The customer has signed off on spending a significant amount of money and you need to keep things on schedule and within budget. Managing those elements are not easy without tools. Fortunately, you are going to learn how to employ earned value management for tracking project progress and determining when corrective action is needed (and what it should be). First, read the "Managing the Budget (EVM)" topic in the "Budget Planning" e-Book (Week 8 Learning Resources). It covers all the aspects of earned value you will learn about in this assignment. Project Background This assignment will use the Time Sharing System from "How to Build Work Breakdown Structures" (Week 1 Readings). The customer has signed off on the project and it is now ready to launch. Your team includes eight resources made up of Project Manager (that is you!), Analysts, Developers, and Testers. The project is planned to start on July 11th, finish on November 30th, and cost $301,602. Once into execution, you will see some changes (surprises) come up that affect
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