EVM

Imagine that you are writing a scholarly paper for consumption by a new undergraduate student in the project management program. In your paper, explain the following:

• Rules for cost and performance management—including a discussion of earned value measurement (EVM) techniques.
• Earned value management—including three key dimensions for each work package.
• Schedule forecasts—including purpose and measurement during monitoring and controlling.
• Cost estimates—including basis of estimates, vendor bid analysis, cost benefit analysis, and cost of quality.
• Budget—including cost baseline, management reserve, control accounts, contingency reserve, activity contingency reserve, and project funding requirements.
• Procurement—including bidder conferences, proposal evaluation, advertising, seller selection, and agreements.

Your well-written paper must meet the following requirements:

• 3 pages in length, not including cover, references page, and appendices.
• Supporting documents must appear in appendices.