Earned value management
Learning solution summary:
You are working as a project manager for the design and implementation of an information system. Your task is to implement projects cost-effectively, implement them in schedule, and follow project progress using earned value method.
Learning outcomes:
- Comprehend objectives and basic concepts of earned value method (EVM)
- Calculate indexes that describe project cost (CPI) and schedule performance (SPI)
- Analyze whether project is progressing on schedule and budget
- Estimate project duration and total cost
Game duration: 3×20 min (three separate games)
Key tasks and skills: Project monitoring and control, Project cost and schedule performance, Estimating project cost and schedule