Think of a time when you needed to monitor and report progress, but you did not have the ability to implement earned value metrics (EVM)
Instructions
Think of a time when you needed to monitor and report progress, but you did not have the ability to implement earned value metrics (EVM). How did you measure and provide an accurate and unambiguous account of project progress? What were the limitations?
The assignment must be no less than 200 words in length. No references or citations are necessary unless otherwise used. Grammar and Adherence to APA 7th Style and Format.
• The rules governing the academic grammar and usage of standard American English must be followed, and the language should be clear, precise, and appropriate for the graduate-level program.
• Each paragraph should contain one topic, and topics are organized from general to specific. Every sentence is clear, concise, and precise.
• Every sentence should be devoid of clichés, meaningless phrases, slang, redundancies,
colloquialisms, and anthropomorphisms. The correct tense is used.
Course Textbook: Klastorin, T., & Mitchell, G. (2020). Project Management: A risk management
Approach. SAGE Publications, Inc. (US). Https://online.vitalsource.com/books/9781544333953
o Chapter 11: assessing project progress
SAMPLE ANSWER
In situations where earned value metrics (EVM) are not available, project managers can still measure and report project progress using other methods. One approach is to use the percentage of tasks completed as an indicator of progress. This involves tracking the tasks on the project plan and comparing the number of completed tasks to the total number of tasks. For example, if a project has 20 tasks and 10 are complete, then the project is 50% complete.
Another approach is to use a milestone-based system to track progress. In this method, the project is divided into major milestones, and progress is measured by the completion of these milestones. This approach can be useful for projects with a long duration, as it provides a clear sense of progress even when individual tasks are not completed.
To provide an accurate and unambiguous account of project progress, it is essential to establish clear criteria for what constitutes completion of a task or milestone. This ensures that progress is consistently measured and reported across the project team.
However, there are some limitations to these methods. For instance, they do not account for the amount of work completed on each task, and they may not reflect the complexity or importance of individual tasks. Additionally, the percentage complete or milestone-based approach can be subjective, as different team members may have different opinions on what constitutes completion.
Overall, while EVM provides a more comprehensive and objective way to measure and report project progress, other methods such as the percentage complete or milestone-based approach can be used in situations where EVM is not available. It is important to establish clear criteria and communicate progress regularly to ensure that the project stays on track.
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