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 project 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 project is actually delayed by 9 days at the current time. MS Excel is the main software we used in this analysis, and all the information came from the case. The project completion at the time was By determining if cost ACschedule UPand work accomplished EVE are progressing as planned, we created an integrated performance report which uses consistent, numerical indicators like C.
Critical success factors for the project include a plan for organizational change effectiveness, quick resolution for business decisions affecting policy and establishment of clearly defined project objectives. Earned value activity for the technical infrastructure component of the project On the other hand, when looking at table 2, we realize that the software customization component of the project is well ahead of schedule and under budget.
Ariba Case Study by Vivi Ye on Prezi
Accessed December 30, The cost variance C. 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. The Technical Infrastructure plan is over budget and behind schedule. The main idea and strategy is using Earned Value Management Method to solve problem stated in the case. Earned value activity for the software customization component of the project After doing the analysis for the separate components of the reject, we decided to do the earned value exercise for the combined components table 3 in order to understand the surprise reaction of the CIO Terry Baker when she discovered that the project could not be delivered on time.
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. Leave your email and we will send you an example after 24 hours The method we adopt is FEM. 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.
For instance, our team assumes that 4. This is confirmed by the fact that the calculated cost performance index and schedule performance index are above 1 Table 2: First We decided to focus on the technical infrastructure and software customization components of the project because they were on the critical path.
Moreover, the control ratio CRY less than one also implies the underperforming of technical infrastructure component in the project.
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.
How to cite this page Choose cite format: If you need this or any other sample, we can send it to you via email. Our team suggests that he ask for an extension or discuss the project scope with the CIO to determine whether there can be some compromises as a remedy. Earned Value Management is a project management technique for measuring project performance and progress.
Martin, the project manager for this project is an expert in technical development, with very little experience in Earned Value Method.
However, when our team examined the components in details, we found that the technical infrastructure setup was the main reason that undistributed to delaying and over-budgeting in terms of its negative schedule variance SF and cost variance C.
Since both activities are equally critical the project success, a delay in either one will delay the entire project.
Ariba Implementation at MED X: Managing Earned Value – Research Paper Example :
The cost variance and schedule variance are both positive, C. Those conclusion re supported by the Schedule Performance Index SIP and Cost Performance Index Cup value being above 1; confirming that the project should be delivered on time or even before the due date.
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According to the overall results, it was still under budget and ahead of schedule. As a result, many project managers utilize the Earned Value Method as a tool to keep their projects on track. Most of the background vlue comes from case itself while our solution is mainly based on the technologies of cost control which are introduced during lecture 4 by Professor Jose.
If you contact us after hours, we’ll get implementattion to you in 24 hours or less. The key tasks are to review the budget and earned value data for each task and figure what can be done to finish the project on time.
Ariba Implementation at MED X: Managing Earned Value Paper
Sorry, but downloading is forbidden on this website. For instance, he could have put more resources on the underperforming components right as soon as the initial problems appeared. Managing Earned Value,” PaperAp. Five extra full time workers will be umplementation in order to complete the project on time.