By using Ariba e-procurement platform, MED-X would reduce its spending and The project manager is lack of knowledge about earned value. Free Essay: Case Study II. ARIBA IMPLEMENTATION AT MED-X: MANAGING EARNED VALUE UNIVERSITY OF CONNECTICUT OPIM It is estimated that implementation of the Arabia e-procurement system will save the company $ million annually and also reduce spending streamline the.
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The main idea and strategy is using Earned Value Management Method to solve problem stated in the case. If you need this or any other sample, we can send it to you via email. Result In order to understand why the project could not be delivered on time, we did an earned value management exercise as shown in the tables below.
Ariba Implementation at MED X: Managing Earned Value Paper
Moreover, the control ratio CRY less than one also implies the underperforming of technical infrastructure component in the project. Those conclusion re supported by the Schedule Performance Index SIP and Cost Performance Index Cup value being above 1; ikplementation that the project should be delivered on time or even before the due date.
Earned Value Management is a project management technique for measuring project performance and progress. Background All discussions about this analysis are based on a case from Kellogg School of Management: The ariab manager does not understand why the project is delayed given that the overall project progress shows that the project is on schedule and under budget so far.
The method we adopt is FEM. We measure the project performance not only as a whole, but also by performance of its components.
The cost variance C. How about make it original? A separate earned value analysis of the individual plans showed us that the Software Customization plan is ahead of schedule and under budget and is, therefore, overshadowing the fact that the Technical Infrastructure Lana is not performing well and is delayed and over-budget.
The Technical Infrastructure plan is over budget and behind schedule. What should Martin do going forward? In spite of knowing the standard implementation technology earned value analysis template, to figure out what was going wrong, Martin should have kept checking the individual earned value in detail so that he could monitor which components or activities had exactly influenced or delayed the project and had immediate reactions toward the problems.
To prevent this from happening Martin and his team should have implemented the following measures in the earlier phase Of the project: Managing Earned Value Paper. When looking at the earned value analysis for the combined critical component in the project, the project appears to be on track to be delivered on time.
Ariba Implementation at MED X: Managing Earned Value – Research Paper Example :
The key tasks are to review the budget and earned value data for each task aribw figure what can be done to finish the project on time. The project plan involves rolling out Arabia Buyer 7. It is end of September and CIO has been told that the project cannot be finished on time.
Earned value activity for the technical infrastructure component of the project On the other hand, when looking at table mabaging, we realize that the software customization component of the project is well ahead of schedule and med-d budget. MS Excel is the main software we used in this analysis, and all the information came from the case. For instance, he could have put more resources on the underperforming components right as soon as the initial problems appeared.
Ariba Case Study by Vivi Ye on Prezi
Extra time needed to complete the technical infrastructure part of the project Conclusions and recommendations In general, based on the combined rolling ratios, the MED-X implementation project was not out of control and was performing well on the whole. Never found anything wrong with the project while reviewing the budget variance and combined earned value reports; hence her surprise when she was informed that the project will not be delivered on time.
As a result, many project managers utilize the Earned Value Method as a tool to keep their projects on track.
Our team suggests that he ask for an extension or discuss the project scope manating the CIO to determine whether there can be some compromises as a remedy. Since both activities are equally critical the project success, a delay in either one will delay the entire project.
Therefore, the statuses of the schedule and cost of technical infrastructure, software customization, and combined projects can be easily and clearly checked, respectively. For instance, our team assumes that 4. Martin, the project manager for this project is an expert in technical development, with very little experience in Earned Value Method. If you contact us after hours, we’ll get back implementztion you in 24 hours or less.
Leave your email and we will send you an example after 24 hours Any unexpected delay in critical activities can harm the planned schedule and cause delays of certain tasks and even the entire project.
According to table 3, the calculated cost variance C. Managing Earned Value,” PaperAp.