Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Summative Discussion Board
Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write at least 3 paragraphs on the following:
What were the most compelling topics learned in this course?
How did participating in discussions help your understanding of the subject matter? Is anything still unclear that could be clarified?
What approaches could have yielded additional valuable information?
The main post should include at least 1 reference to research sources, and all sources should be cited using APA format.
Responses to Other Students: Respond to at least 2 of your fellow classmates with a reply of 100–200 words about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:
What did you learn from your classmate’s posting?
What additional questions do you have after reading the posting?
What clarification do you need regarding the posting?
What differences or similarities do you see between your posting and other classmates’ postings?
CLASS INCLUDED ; Class, Control of scope, cost, and schedule is highly interrelated.
Control resources: The process in which all physical resources needed for the project are planned and monitored, with changes being made if necessary. This occurs throughout the project.
Control schedule and cost: Comparing actual cost and schedule to baselines.
Earned value management for controlling schedule and costs :Management method of measuring schedule and cost performance.
Currently known values
How much work should be done?………………………………………………………………… Planned value (PV)
How much work is done?………………………………………………………………….. Earned value (EV)
How much did the “is done” work cost?………………………………………………………………….. Actual cost (AC)
How much was the project supposed to cost?…………………………………………………………………. Budget at completion (BAC)
Variances
How much is the schedule ahead or behind?………………………………………………………………. Schedule variance (SV)
How much is the project over or under budget?….. Cost variance (CV)
Indexes
How efficient is the schedule?………. Schedule performance index (SPI)
How efficient is the budget?………….. Cost performance index (CPI)
Estimates
How much more do we expect to spend?……………………………………………………………….. Estimate to complete (ETC)
What do we think the total will cost?……………………………………………………………….. Estimate at completion (EAC)
How efficient do we need to be to finish on budget? …To-complete performance index (TCPI)
STUDENT RESPONSE ATTACHED