selecting metrics 1. Before writing the below paper (2) please write a1 page paper discussing the below 3 points. what purpose should be served by your choices, what units of measure you will use, how you will choose among financial,success-based, project-based, and project management process metrics. Discuss which are most appropriate for the case: quantitative,practical, directional, actionable, financial, milestones, or success metricsand why. 2. Finalpaper 5 pages Selecting Metrics fora Home Renovation ProjectSince metrics keep stakeholders in tune to the health of aproject, metrics must be a clear and truthful representation of project status.Consider this scenario.You are the project manager of a company that does homeremodeling and you have just been given a major remodeling project which willupdate the electrical and heat and air systems, kitchen, and the singlebathroom of a house built in 1930. Your project also adds another bedroom witha master suite. The client has authorized a budget of $95,000 and wants thehouse ready for Thanksgiving, which is six months away.Your general contractor (GC) has called you in to discuss theproject and asks you to put together a set of metrics that will communicate theproject status to her, to the homeowners, the building trade groups, and anyother stakeholders. Your GC has asked to meet again in three days with yourrecommendation which you must be able to defend.Prepare your metrics of project health and be ready to defendthe following: how many metrics you willuse and why that is the right” number, what the metrics arethat you have chosen and why, explain that you willuse both quantitative and qualitative metrics what they are and why, explain how and whenyou’ll get the data, what metrics willallow you to find mistakes early enough in the project for correction, and, explain which metricswill improve client satisfaction.Remember that metrics must have a purpose, have a baseline andtarget, a way to measure, a way to appropriately interpret them and a reportingstructure. Be ready to defend your choices relative to those things too. Youwill present your ideas in a formal paper for the purposes of this class. Free features N Outline $5 FREE N Revisions $30 FREE N Title Page $5 FREE N Bibliography $15 FREE N Formatting $10 FREE PLACE AN ORDER NOW Why Choose Us? N Satisfied and returning customers N A wide range of services N 6-hour delivery available N Money-back guarantee N 100% privacy guaranteed N Only custom-written papers N Free amendments upon request N Free extras by request N Constant access to your paper’s writer N A professional team of experienced paper writers N 10+ years of experience in the custom writing market MANAGE ORDERS We accept PLACE AN ORDER NOW