Project Management Assignment: Earned Value and Quality Analysis

This project management assignment analyzes key components of project execution, including the integrated baseline, earned value analysis, project reviews, and quality control charts within the context of implementing augmented reality for the ICONIC online app. The assignment details the importance of the integrated baseline for understanding project performance and risk evaluation, earned value analysis for measuring progress and forecasting budget, project reviews for ensuring projects stay on track, and quality control charts for monitoring specifications. The assignment references various project management methodologies and tools to provide a comprehensive overview of project management principles and their practical application. The assignment also discusses project closure, stakeholder feedback, and lessons learned.

Running head: PROJECT MANGEMENT
Project management
Name of the Student
Name of the University
Author’s Note

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Table of Contents
1. Integrated baseline.......................................................................................................................2
2. Earned value analysis..................................................................................................................2
3. Project review..............................................................................................................................3
4. Quality control charts..................................................................................................................4
References........................................................................................................................................6

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1. Integrated baseline
The integrated baseline that is created by the project manager while implementing
augmented reality helps the contractor in establishing proper understanding about the
performance of the project. It is found that the entire understanding that is achieved from the
document of integrated baseline helps in successfully evaluating the risks which are inherent in
the project as well as within the different management procedure (Kerzner 2017). In addition to
this, the document of integrated baseline is utilized for properly understanding the scope of
project and the procedures that are utilized for controlling management as well as the risks that
are associated with the cost, schedule as well as project resources. The document also helps in
reflecting the degree to which the scope, key milestone as well as resources of the project get
implemented. Moreover, the integrated baseline document is also utilized in underlying rationale
as well as in supporting different types of management procedures for successfully executing the
project (Acebes et al. 2015). The integrated baseline review that is done helps in verifying the
technical content of the performance measurement-based baseline and further assists in assessing
the accuracy of the different types of resources which are utilized within the project.
Additionally, the document is considered to be quite important for managing the implementation
of augmented reality for the services of the ICONIC online app.
2. Earned value analysis
The earned value analysis document that is provided for the implementation of
augmented reality project is considered to be very much beneficial. It helps in successfully
measuring the progress of the project and assists in forecasting the completion date as well as the
budget that is required (Fleming and Koppelman 2016). The document of earned value analysis

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assists in comparing the planned work as well as the work that is actually completed in order to
determine whether the schedule, budget as well as the work of the project is progressing as per
the initial plan or not. In addition to this, it is found that the project manager can be able to asses
the progress of the entire project team who undertakes different project activities for finishing the
schedule on time. The document helps in reflecting details about the planned value, earned value
as well as the actual cost in order to estimate the needed time and budget for the project ( Chen,
Chen and Lin 2016). With the help of EVM document, proper decision can be made successfully
by conducting proper analysis into the historical data of the project which further assists in
maintaining consistent reporting. The schedule performance index that is present within the
document is helpful in determining different types of schedule issues within the project and it is
further used for gaining critical path related information. On the other hand, the CPI is helpful in
determining budget utilization and if the value of CPI is 1 then it can be analyzed that the project
is on budget and will get completed within the assumed expenditure.
3. Project review
The project review document that is created for implementing an augmented reality onto
the services of ICONIC app reflects that the documents includes information and details that are
helpful in measuring the project deliverables (Svejvig and Andersen 2015). The review
document is created at the end of the project which further helps in suggesting that the entire
project gets finished as per the initial plan. The project review is mainly undertaken as it is
important for the senior executive for seeking assurance that a particular project is on track and it
will deliver the benefits which is defined within the business case of the project (Zheng et al.
2016). The project review document is found as one of the most useful as well as powerful ways
that helps in adding continuous improvement mechanism. In addition to this, project review is

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considered valuable for the project team which helps in improving the performance and skills
and helps in offering proper mechanism for continuously improving the team morale. With the
help of the project review document, the project manager needs to determine the budget as well
as the time that is used for executing augmented reality project. Moreover, the risks related with
quality, project cost as well as schedule can be tracked from the review document such that the
issues can get resolved successfully. Effective reviews help in deciding action plans for
improving different types of items that needs proper improvement as well as an effective was for
fixing items that are broken.
4. Quality control charts
The quality control charts that are provided in the augmented reality implementation
helps in depicting whether the sampled products as well as procedures are helpful in meeting the
different types of intended specifications or not within the project. The charts which are provided
helps in successfully analyzing the specific attribute that are associated with the project
development (Saleh et al. 2015). The quality control charts are mainly utilized within the project
for successfully monitoring the process variable over time and helps in providing clear depiction
about the variable over time such that the variation can be health for moving forward over time
for achieving continuous improvement. In addition to this, the quality control charts help in
reflecting that the hardware as well as software that are utilized for implementing the system is
done properly for accomplishing the project objectives such that the quality of the project does
not get compromised (Saleh et al. 2015).The quality control chart is considered as the X-bar
chart where the y axis helps in reflecting that the chart assists in tracking the degree to which the
different variance related with the tested attribute can get accepted. In addition to this, the x-axis
assists in tracking the samples that is tested and assists in analyzing the patterns related with

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variance that is mainly depicted by proper quality control chart that further determines the
defects which generally occurs systematically. Moreover, it helps in showcasing whether the
augmented reality that is implemented deviates from the desired result or not.

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References
Acebes, F., Pereda, M., Poza, D., Pajares, J. and Galán, J.M., 2015. Stochastic earned value
analysis using Monte Carlo simulation and statistical learning techniques. International Journal
of Project Management, 33(7), pp.1597-1609.
Chen, H.L., Chen, W.T. and Lin, Y.L., 2016. Earned value project management: Improving the
predictive power of planned value. International Journal of Project Management, 34(1), pp.22-
29.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management.
Project Management Institute.
Kerzner, H., 2017. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Saleh, N.A., Mahmoud, M.A., Jones-Farmer, L.A., Zwetsloot, I.N.E.Z. and Woodall, W.H.,
2015. Another look at the EWMA control chart with estimated parameters. Journal of Quality
Technology, 47(4), pp.363-382.
Saleh, N.A., Mahmoud, M.A., Keefe, M.J. and Woodall, W.H., 2015. The difficulty in designing
Shewhart X and X control charts with estimated parameters. Journal of Quality
Technology, 47(2), pp.127-138.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature
review with a critical look at the brave new world. International Journal of Project
Management, 33(2), pp.278-290.

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Zheng, X., Le, Y., Chan, A.P., Hu, Y. and Li, Y., 2016. Review of the application of social
network analysis (SNA) in construction project management research. International journal of
project management, 34(7), pp.1214-1225.