Explain the earned value measurement system and whether you believe that Franklin Electronics truly understands it.

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Unit Five Assignments

I will pay 100.00 dollars for the following 2 part assignment. Unit 5 Journal does not require citations,

Unit 5 Case Study does require citations.

Unit V Journal

Think about budgeting and cost control within your own personal world. How might information learned in this course enhance your personal budgeting practices?

Your journal entry must be at least 200 words. No references or citations are necessary.

Unit V Case Study

Read the “Franklin Electronics” case study on pages 545–546 of your textbook. As you complete the analysis, address the topics below.

Explain the earned value measurement system and whether you believe that Franklin Electronics truly understands it.

Analyze the cost projections completed by Franklin Electronics. Reconstruct the cost projections toward the compilation of a realistic project budget. Include a theoretical discussion around the steps involved in the budget that you built.

Create a project management schedule that would be more effective than the one proposed in the case. Use scheduling techniques learned in this class to date. Include an assessment of why you selected this scheduling technique instead of others.

Evaluate sources of project risk, and develop strategies that would decrease the impact of these risks.

In formatting your case analysis, do not use the question-and-answer format; instead, use an essay format with subheadings. Your APA-formatted case study should be a minimum of two full pages in length (not counting the title and reference pages). You are required to use a minimum of three academic sources that are no more than 5 years old (one may be your textbook). All sources used, including the textbook, must be referenced; paraphrased material must have accompanying in-text citations. A minimum of three in-text citations are required.

The Franklin  Case study came from Text Book: Project Management, 12th Edition. “A Systems approach to planning, Scheduling and Controlling Author John Wiley and Sons, Publised by John Wiley and Son’s INC. Hoboken, New Jersey