I don’t know how to handle this Management question and need guidance.
Chapter 13: Project Evaluation and Control
Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced)
- It has been said that Earned Value Management (EVM) came about because the Federal Government often used “Cost-plus” contractors with project organizations. Cost-plus contracting allows the contractor to recover full project development costs plus accumulate profit from these contracts. Why would requiring contractor firms to employ earned value management help the government hold the line against project cost overruns?
- What do the Schedule Performance Index and the Cost Performance Index demonstrate? How can a project manager use this information to estimate future project performance?