Explain the earned value measurement system


Assignment: Project Management

Read the "Franklin Electronics" case study. As you complete the analysis, address the topics below.

I. Explain the earned value measurement system and whether you believe that Franklin Electronics truly understands it.

II. Analyze the cost projections completed by Franklin Electronics. Reconstruct the cost projections toward the compilation of a realistic project budget. Include a theoretical discussion around the steps involved in the budget that you built.

III. Create a project management schedule that would be more effective than the one proposed in the case. Use scheduling techniques learned in this class to date. Include an assessment of why you selected this scheduling technique instead of others.

IV. Evaluate sources of project risk, and develop strategies that would decrease the impact of these risks.

Format your assignment according to the give formatting requirements:

1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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