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CVs are severe, and a realistic measure of performance is needed revised cost estimates are prepared and distributed to stakeholders corrective action must be taken to bring expected future performance in line with the project plan EAC shows that additional funds are needed to complete the project even if a scope change is not needed
the project is ahead of its planned schedule less work was completed than was planned the cost overrun for work completed the cost under-run of performance to date
issuing budget updates revising the cost baseline corrective action e. g. adjusting schedule activity budgets closing the project
Performance measurement. Scope change control system. Inspection. Earned value.
issuing budget updates revising the cost baseline corrective action adjusting schedule activity budgets closing the project
the project is ahead of its planned schedule less work was completed than was planned the cost overrun for work completed the cost under-run of performance to date
Asking for a percent complete from each team member and reporting that in the monthly progress repor Calculating earned value and using the indexes and other calculations to report past performance and forecast future performanc Using the 50/50 rule and making sure the life cycle cost is less than the project cos Focusing on the amount expended last month and what will be expended the following mont
strategic planning alternative objectives inventory management by objectives contingency planning
the good sealing performance and the simple structure the good sealing performance and the short life expectancy the good sealing performance but the short life expectancy the good sealing performance and the lower cost
The earned value(EV)and the actual cost to date(A . The cost performance index(CPI)and the cost variance(CV). The actual cost to date(A and the cost performance index(CPI). The actual cost to date(A and the estimate to complete(ET .
project charter baseline performance measurement milestones
to the current date of the EV and the actual cost of AC cost performance index CPI and cost variable CV to the current date of the actual cost of AC and the cost performance index CPI the actual cost of AC and ETC to the current date
Cost overrun of the estimate Cost according to the estimate Cost underrun of the estimate Early progres
Consider overtime work as part of the job. Prepare a cost baseline. Use earned value management to monitor performance. Estimate and budget controllable and uncontrollable costs separately.
divide it by the schedule performance index multiply it by the schedule performance index multiply it by the cost performance index divide it by the cost performance index
the cost savings for work completed the project is ahead of its planned schedule the cost overrun for work completed less work was completed than was planned
project management plan performance measurement baseline earned value calculations none of the above
product analysis risk measurement alternatives identification benefit/cost analysis
work breakdown structure project schedule cost baseline cost budget
the cost savings for work completed the project is ahead of its planned schedule the cost overrun for work completed less work was completed than was planned
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