Monitoring and controlling a project and including preparing project performance reports, are some of the most important tasks a project manager will perform. The requirements for performance reporting will be determined by the stakeholders and should be documented in the project plan. Earned value analysis is one technique for determining how a project is performing. The results of earned value analysis are key inputs to stakeholder reporting which, in turn, are used to make decisions about the project.

Scenario for the Discussion

Refer to question #27 on page 272 of “Project Management in Practice”. Think about how earned value metrics contribute to monitoring and controlling a project and how a project manager uses them to communicate project progress.

After considering the scenario, post your response to the following questions:
What is your assessment of the performance of the project?
What metrics did you use to come to your conclusion about the performance of the project?
What do you think should be communicated to the stakeholders? Why?

Sample Solution

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