Discuss schedule forecasts-including purpose and measurement


Assignment

Imagine that you are writing a scholarly paper for consumption by a new undergraduate student in the project management program. In your paper, explain the following:

• Rules for cost and performance management-including a discussion of earned value measurement (EVM) techniques.

• Earned value management-including three key dimensions for each work package.

• Schedule forecasts-including purpose and measurement during monitoring and controlling.

• Cost estimates-including basis of estimates, vendor bid analysis, cost benefit analysis, and cost of quality.

• Budget-including cost baseline, management reserve, control accounts, contingency reserve, activity contingency reserve, and project funding requirements.

• Procurement-including bidder conferences, proposal evaluation, advertising, seller selection, and agreements.

Your well-written paper must meet the following requirements:

• 3 pages in length, not including cover, references page, and appendices.
• Supporting documents must appear in appendices.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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