Also, provide a graduate-level response to each of the following questions:
- It has been said that Earned Value Management (EVM) came about because the Federal Government often used “Cost-plus” contractors with project organizations. Cost-plus contracting allows the contractor to recover full project development costs plus accumulate profit from these contracts. Why would requiring contractor firms to employ earned value management help the government hold the line against project cost overruns?
- Why do so many projects end up terminated as a result of termination through starvation? Discuss the role that ego, power, and politics in this form of termination.
- Why do “lessons learned” programs often fail to capture meaningful information that could help guide future projects?
[Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]