Earned Value Analysis
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GradedPaperWK5EarnedValueAnalysis.docEarned Value Analysis 5
Evidences:
1. The Coding Team is on distress on cost of (-$35,000) and agenda (-$40,000). At the present rate of competence, the coding team is anticipated to be roughly about $136,000 over budget. And as a result, these can be changed.
2. On the other hand, the Development Team is also one of the team in in trouble because it has a CV of -$81,000 and it was expected to be roughly $117,000 over budget at finishing point or completion.
3. The Operating System deliverable is anticipated to be in the region of $101,000 over budget at completion.
4. The Utilities deliverable is predicted to be nearly $74,000 over budget at completion.
5. Provided that the project is approximately 43% complete and they are only receiving about $.83 of work for every actual dollar, there is chance to recover some predicted overrun.
6. The VAC is -$188,000 ($915,000 - $1,103,000).
Variances
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SCANNER PROJECT: INDEXES & VARIANCES |
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SCANNER PROJECT |
SCANNER PROJECT |
SV |
CV |
VAC |
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CPI = EV / AC = 395 / 476 = 0.83 |
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OBS |
||
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|
DESIGN |
0 |
22 |
22 |
|
SPI = EV / PV = 395 / 420 = 0.94 |
DEVELOP |
45 |
-81 |
-117 |
|
|
PRODUCTION |
0 |
5 |
5 |
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PCIB = EV / BAC = 395 / 915 = 0.43 |
CODE |
-40 |
-35 |
-136 |
|
|
DOCUMENT |
-30 |
8 |
13 |
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PCIC = AC / EACf = 476 / 1103 = 0.43 |
TEST |
0 |
0 |
0 |
Week 5 Individual Assignment: Earned Value Analysis
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Content |
Points Available 10 Points Points Earned 10 Points |
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· Evaluate the Earned Value Management (EVM) Case Study found on page 499 in Project Management: The Managerial Process, Ch. 13. · Calculate EVM information from the data provided using the Electroscan, Inc. Student Table spreadsheet and then draw conclusions regarding the status of the project in the case study. · Draw conclusions regarding project health from the Earned Value analysis. · Analyze the effects of given schedule variances as well as SPI, CPI, EAC, TCIP, and any other EVM analytical products they deem valuable. · Write your findings in a 350- to 700-word memorandum.
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Maria, You have evaluated the Earned Value Management (EVM) Scanner Project Case Study with impressive insight and understanding. You have calculated EVM information from the data provided and then drew conclusions regarding the status of the project in the case study demonstrating how the information provided can be translated into meaningful management information. Through the critical thinking process, you could determine project health from the Earned Value analysis. In addition, you were able to provide an analyzes of the effects of given schedule variances as well as SPI, CPI, EAC, TCIP, and any other EVM analytical products they deem valuable. |
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Organization/Development |
Points Available 4 Points Points Earned 4 Points |
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· The paper size was appropriate (350 – 700 words). · The structure of the paper is clear, logical, and easy to follow. · The introduction provides a sufficient background on the topic and previews major points. · The paper shows an understanding of relevant theory and idea. · The central theme and purpose is immediately clear. · Subsequent sections develop and support the central theme. |
Size of paper (i.e. word count) has been kept within reason. Presentation of detail is logical and flows smoothly.
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Mechanics |
Points Available 2 Points Points Earned 2 Points |
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· Formatting or layout and graphics are pleasing to the eye, such as font, colors, and spacing. · Rules of grammar, usage, and punctuation are followed, and spelling is correct. · APA formatting is followed. |
Paper layout presents information in a way that is professional and adds to the overall meaning of the paper. There are no spelling errors. There are no grammar errors. APA format (i.e. line spacing, font, page headers, headings, citations, and references) is correct.
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Turn It In Report
Maria, I understand why your percentage is so high, but you really shouls have provided some reference to an outside sources to cover your bases with this nigh percentage. |
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Total Available 14 Points Total Earned 14 Points |
