Analysis of benefits and risks associated with BRM, OPM, EVM on a project within my career area.
Describe and compare the attributes, special considerations, and the work that is required to conduct Benefits Realization Management, Organizational Project Management, and Earned Value Management on a Project that is within your career area. Even if you don’t use these methods, write about what it would be like and mean for the Project to use these techniques. Provide an analysis of the Benefits and Risks associated with each approach. What knowledge or perspectives will you gain and what might you miss in each approach? Provide a conclusion in which you discuss your preferred technique and any Lessons Learned or Recommendations from this exercise.
Note:
1. For the five citations, please use the flowing three and the other two you want (See Instruction 7 below).
a. PMI: The Standard for Earned Value Management (2019), pages 1-16 and Appendix X4 https://www.pmi.org/pmbok-guide-standards/foundational/earned-value-management (Links to an external site.)
b. Smith, A. H. (2011). EVM on service projects— an optimized paradigm. Paper presented at PMI® Global Congress 2011—North America, Dallas, TX. Newtown Square, PA: Project Management Institute. https://www.pmi.org/learning/library/earned-value-management-beneficial-methods-6162 (Links to an external site.)
c. Spitczok von Brisinski, N. (2014). Beyond earned value management: do you assess a project’s team trust index? Paper presented at PMI® Global Congress 2014—EMEA, Dubai, United Arab Emirates. Newtown Square, PA: Project Management Institute. https://www.pmi.org/learning/library/earned-value-management-trust-index-8703
2. Additional Information:
My Career area: Public Accounting (Cashflow forecast, bookkeeping, payroll, tax reporting…)
you assess a project’s team trust index? Paper presented at PMI® Global Congress 2014—EMEA, Dubai, United Arab Emirates. Newtown Square, PA: Project Management Institute. https://www.pmi.org/learning/library/earned-value-management-trust-index-8703
8. Proofread your document. If you are not comfortable with proofreading, ask the CiAM English tutor to assist you.
9. Grammatical errors will reduce your score. No exceptions.
10. Remember to start with an outline of the paper to gather your thoughts.
11. Remember to use a thesis sentence for every paragraph and then back it up with supporting materials.
