Describe the benefits of using evm

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Project management quiz

Question 1) You work for Holt consulting company, which has been asked to recommend organizational improvements for CDC Software Company. You have been assigned to present PPM. Your boss has informed you that CDC Software Company knows nothing about PPM and you will need to cover the items below in your presentation.

• What is a PPM?

• Compare PPM, PgM, and Project level.

• Benefits of each (PPM, PgM, and Project)

• Why should CDC Software Company implement a PPM?

Question 2) There are three central processes that are derived from a portfolio strategic plan. Describe each of them. Why are these processes important to the success of an organizations strategic plan?

Question 3) Cost management is used to help manage projects as investments and to evaluate project management performance using Earned Value Management (EVM). What is EVM? Describe the benefits of using EVM.

Cost management is used to help manage projects as investments and to evaluate project management performance using Earned Value Management (EVM). What is EVM? Describe the benefits of using EVM.

Question 4) The following acronyms are used in a network diagram: LS, ES, LF, and EF. What do these acronyms mean, how are they calculated, and how would a project manager use these in relationship to project schedule and budget?

Reference no: EM131276324

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