Reference no: EM133303119
Case: You are a project manager in a market research organisation. Recently, you have been allocated an existing SCRUM project where the previous project manager was removed due to senior management concerns about progress. In the initial briefing, you discovered the following information:
• The major project objective is to deliver an Al-based tool to predict annual revenue per customer (ARPU) for different marketing campaigns. The rationale being that a company will roll-out the same type of campaign again and again with slightly different content and parameters.
• The customer base is eagerly awaiting the availability of this new product. The marketing director wants to hold the release until all the agreed functionality is completed.
• The product manager, after talking with the customer base, keeps adding new features to the tool.
• The project started 4 months ago and was originally expected to'run for 12 months in total. The most recent baseline shows the project ending in 12 months from the time of your briefing. The spend is expected to be a constant amount per month.
The most recently agreed total budget for the project is $320,000. Current actual spend to date is $70,000. The project schedule shows that $85,000 worth of work has been completed.
Answer the following questions:
a. Using earned value management, what is the state of the project in terms of the likely time and cost to complete the project?
b. Do you think the removal of the previous project manager was reasonable? Why?
c. Describe two specific recommendations to make to the project steering committee, taking into account the briefing you have received so far?