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OPIM 5894 Advanced Project management Ariba implementation at med-x managing earned value

OPIM 5894 Advanced Project management Ariba implementation at med-x managing earned value. Team 3 Richard Buskey Jonathan Weiss Daniel Mahzonni Prashant Mishra Vijay Gadigeppa Jonathan Koenig. http://users.business.uconn.edu/snair/opim5894.html. Which component is underperforming?.

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OPIM 5894 Advanced Project management Ariba implementation at med-x managing earned value

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  1. OPIM 5894 Advanced Project managementAriba implementation at med-xmanaging earned value Team 3 Richard Buskey Jonathan Weiss Daniel Mahzonni PrashantMishra Vijay Gadigeppa Jonathan Koenig http://users.business.uconn.edu/snair/opim5894.html

  2. Which component is underperforming? • Technical Infrastructure • Cost variance – ($75,500) • Schedule variance – ($110,000)

  3. Components within budget? • Software Customization – YES • Positive cost variance – $159,500 • Cost performance index > 1

  4. Components within budget? (cont.) • Technical Infrastructure – NO • Negative cost variance – ($75,500) • Cost performance index < 1

  5. Combined earned value data for the project • Misleading • Project appears to be on schedule/within budget • Software Customization is ahead of schedule and budget offsetting technical infrastructure deficiencies

  6. Combined earned value data for the project (cont.) • Misleading • Project appears to be on schedule/within budget • Software Customization is ahead of schedule and budget offsetting technical infrastructure deficiencies

  7. Terry Baker • Vague Gantt chart being used as primary management tool • Did not take costs into account • Metrics not gathered throughout project • Only requested when problem appeared (i.e., over budget and behind schedule) • Looking at project from a very high level

  8. How much longer will the project take? • Technical infrastructure portion of project appears to be approximately 6% behind schedule (as of September) • ~8 additional days required

  9. What should Martin have done earlier to prevent delays? • Gather ratios on different aspects of project earlier • Proactive approach rather than reactive approach • Better recognition of potential problems • Management of resources • Delay in Sun server equipment • System testing and development scheduled late

  10. What should Martin do in the future to prevent similar issues? • Plan for gathering data to produce metrics at key milestones within project • Avoid using only Gantt chart to manage project • Create more detailed project timeline • Critical path management • Better resource management

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