Earned Value and Project Performance, management assignment help
This response needs to be less than 500 words.
Explain how project managers use earned value to monitor project performance.
The 4 derivative metrics for Earned Value (EV) are:
CPI= EV/AC
SPI=EV/PV
CV=EV-AC
SV=EV-PV
Which of these metrics do you see as being most useful for the attached project?
(I have to admit; I am a little lost when it comes to EV and the various formulas. I found this video to be pretty helpful in clarifying and simplifying the four main derivative metrics for EV. https://www.youtube.com/watch?v=Gy1P784tKG8)
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