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Read the "Franklin Electronics" case study on pages 545-546 of your textbook. As you complete the analysis, address the topics below.
1. Explain the earned value measurement system and whether you believe that Franklin Electronics truly understands it.
2. Analyze the cost projections completed by Franklin Electronics. Reconstruct the cost projections toward the compilation of a realistic project budget. Include a theoretical discussion around the steps involved in the budget that you built.
3. Create a project management schedule that would be more effective than the one proposed in the case. Use scheduling techniques learned in this class to date. Include an assessment of why you selected this scheduling technique instead of others.
4. Evaluate sources of project risk, and develop strategies that would decrease the impact of these risks.
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