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If a project manager wants to measure how the project is doing compared to the plan, Earned Value Management is used. Based on the same project from Assignment 3, use a project scenario to explain how much work has been accomplished with the funds allotted. Please use the attached assignment as your reference.
Write a two to three (2-3) page paper in which you:
1.Determine a performance measurement baseline for your project MS Project.2.Apply earned value analysis to forecast future cost issues. Your assignment must follow these formatting requirements:
•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.•Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:
•Analyze quality assurance processes in project management.•Appraise the process of determining the cost and relevant budget required for a project component•Use technology and information resources to research issues in project estimating and budgeting.•Write clearly and concisely about project estimating and budgeting using proper writing mechanics.Click here to view the grading rubric.
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