Analyze the case study “Ariba Implementation at Med-X: Managing Earned Value” and apply earned value metrics to make decisions about the project in a short paper
Many project managers employ an earned value system to monitor their projects. In Project Management: The Managerial Process, Larson and Gray (2014) define the earned value of a project as “the percent complete times its original budget. Stated differently, EV [earned value] is the percent of the original budget that has been earned by actual work completed.”In this assignment, you will analyze the case study “Ariba Implementation at Med-X: Managing Earned Value” and apply earned value metrics to make decisions about the project in a short paper.
Overview: Many project managers employ an earned value system to monitor their projects. In Project Management: The Managerial Process, Larson and Gray
(2014) define the earned value of a project as “the percent complete times its original budget. Stated differently, EV is the percent of the original budget that has been earned by actual work completed” Earned value analysis determines if you are getting value for the work completed and the money spent during a specific time frame.
Prompt: Analyze the case study Ariba Implementation at Med-X: Managing Earned Value (this case study can be located in your custom Textbook/Case Study bundle). Using earned value analysis, you will determine why the company’s e-procurement implementation project is not going according to plan. Once a cause has been discovered, you will make a recommendation to fix the problem.