You are the project manager on project that started work on February 1st. 2009 I

Question

You are the project manager on project that started work on February 1st. 2009 It is now March 1st. 2009. Prepare a monthly status report for February 2009, using the project data below. Your status report should include the following: Cost variances and schedule variances for each task (activity). Summary (project-level) earned value measures, including: cost and schedule variance, cost and schedule variance %, CPI and SPI, EAC, ETC. VAC. TEAC. Percent complete. Percent money spent An overall assessment of project performance How well (or how poorly) is the project currently performing? What corrective actions, if any would you suggest and why? If no corrective actions are currently needed, suggest a monitoring strategy you should use to determine when to act (e g , at what point should corrective action be taken and how would you know?)

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