2024 Earned Value and Project Performance, management assignment help

Earned Value and Project Performance, management assignment help

Business Finance Assignment Help 2024

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)