Critical path analysis expected monetary value

Assignment Help Business Management
Reference no: EM133112324

Critical Path Analysis

a. Examine the advantages and disadvantages of using the CPA/CPM in a project

b. Examples how IT/MIS tools can be used to more efficiently do critical path analysis Expected Monetary Value (EMV)

a. What is Expected value with perfect information

b. Explain what is Expected value without perfect information

c. Is EVPI important to help project managers make decisions as it pertains to their project environment

d. Give examples how IT/MIS tools can be used to make this EMV analysis more efficient

Resource optimization

1. With respect to resource levelling and resource smoothing:

a. Examine the differences and similarities between resource levelling and resource smoothing

b. What is the importance of resource levelling and resource smoothing in project management.

c. Give examples how IT/MIS tools can be used to do these more efficiently

Reference no: EM133112324

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