PM 6008-8 – Investigate cost control and schedule variance

Subject: Business    / Management
Question

Write a paper that will diagram and analyze cost control in the project environment. Include in your analysis an investigation of the operating cycle, budgets, and the earned value measurement system. Provide specific examples as to how you would implement these techniques within your project plan. Also include recommendations on how one should address possible cost overrun dilemma for your project. (The information you will be developing for this week will be utilized in your signature assignment. Review cost controls, schedule variances, earned value techniques, and budgeting.)

3.0 Investigate cost control and schedule variance in project scope planning.

Support your report with a minimum of three (3) external resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length: 5-7 pages not including title and reference pages
Books
Kerzner, H. (2009) Project management: A systems approach to planning, scheduling, and controlling.    Read Chapter 15 (15.1-15.9).

Document/Other
Films Media Group. (2006). Wal-Mart: Competition and Cost Control.
http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalPlaylists.aspx?aid=6281&xtid=37418&loid=48190    Watch Video.
Films Media Group. (2009). Battling to Control Cost.
http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalPlaylists.aspx?aid=6281&xtid=47280&loid=133800

Watch Video.