University of the Cumberlands Earned Value Management System Discussion

Question Description

Earned Value Management System
- Discuss how an earned value analysis will be utilized for this project or Key Assignment, including the formulas to compute earned value analysis (EVA).
- Cover the following 4 scenarios and what you should do:
  - Behind schedule and over budget: Include a sample calculation that would trigger this interpretation, along with a graph.
  - Ahead of schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
  - Behind schedule and on budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
  - Ahead of schedule and under budget: Include a sample calculation that would trigger this interpretation, along with a sample graph.
- Discuss for each of the above situations how you compute the final cost and end date if nothing changes with its present state.

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