Earned Value Management (EVM)
Develop a network schedule for your project using either the arrow diagramming method or the precedence method. Also, your project schedule should illustrate float/slack for each activity.
Table 1.1. Project Tasks details
|
Activity |
Predecessor |
Duration |
Early start date |
|
A (Retirement and social security benefits) |
None |
One year |
1/1/2019 |
|
B (Audit & risk evaluation) |
A |
11 months |
2/1/2019 |
|
C (Equipment Maintenance) |
B |
8 months |
2/1/2019 |
|
D (Training & Development) |
A, B |
One year |
1/2/2019 |
|
E (Logistics, appraisals & rewards) |
D, C |
One year |
1/2/2019 |
Precedence Diagramming Method:
|
ES |
Duration |
EF |
|
Activity Legend |
||
|
LS |
Float/slack |
LF |
LS= Late start Dependency
LF= Late Finish
ES= Early start
EF= Early finish
F= Float/Slack
|
08/09/2019 |
1 year 7 months |
03/04/2021 |
|
Activity B Audit & Risk Evaluation |
||
|
12/19/2020 |
3 months |
03/04/2021 |
|
07/25/2019 |
11 months |
06/22/2020 |
|
Activity C Equipment & Maintenance |
||
|
08/1/2019 |
6 months |
02/22/2020 |
|
12/27/2019 |
8 months |
08/05//2020 |
|
Activity A Retirement & social security |
||
|
03/05/2020 |
5 days |
03/10/2020 |
|
07/31/2019 |
2 months |
09/23/2019 |
|
Activity E Logistics, Appraisals & Rewards |
||
|
08/10/2019 |
15 days |
08/25/2019 |
|
03/22/2019 |
1 month |
04/09/2019 |
|
Activity D Training & Development |
||
|
03/22/19 |
11 days |
04/02/2019 |
5 Activities with 6 dependencies