3-2 Final Project Milestone One: Earned Value Parameters

QSO 420 Milestone One Guidelines and Rubric This milestone is designed to introduce the case study for the final project and to begin a critical analysis applying knowledge gained within the course. This assignment is the first step in the analysis of a company for your final project. For this milestone, you will create a presentation for a project manager based on the assigned case study that reports the project’s performance, including any current or potential deficiencies that you have identified, as well as your recommendations for improving project performance. To purchase and access the case study for this assignment, please see the course syllabus or the Module One resources. Specifically, the following critical elements must be addressed. Use presentation notes (“speaker notes”) to articulate those points that are not observable in the presentation:

A. Define the basic elements used to calculate EVM measures—earned value (EV), planned value (PV), actual cost (AC), and budget at completion (BAC)— and where you would find them in project documentation.

B. Analyze the project documentation from the case study for the data necessary to establish EVM parameters. In other words, is everything you need to establish the EVM parameters for this project contained within that documentation? If not, explain how you might obtain it. Be sure to use specific examples to justify your rationale.

C. Discuss the various methods used to determine earned value. D. Select the most appropriate method for determining earned value for the project in the case study. Be sure to use research to substantiate your position.

Guidelines for Submission: Use Microsoft PowerPoint or a similar presentation software to create four to five slides (not including references slide) that report the project’s performance to the project manager. Be sure to cite references using APA format.

Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value

Parameters: Elements

Meets “Proficient” criteria and uses industry-specific language to establish expertise

Accurately defines basic elements used to calculate EVM measures and identifies their location within project documentation

Defines basic elements used to calculate EVM measures, but does not identify their location within project documentation, or definition lacks accuracy

Does not define basic elements used to calculate EVM measures

20

Parameters: Analysis Meets “Proficient” criteria and examples provided evidence of well-informed, keen insight into EVM principles

Comprehensively analyzes project documentation for data necessary to establish EVM parameters and justifies rationale with examples

Analyzes project documentation for data necessary to establish EVM parameters, but with gaps in detail, or does not justify rationale with examples

Does not analyze project documentation for data necessary to establish EVM parameters

20

Parameters: Earned Value

Meets “Proficient” criteria and uses industry-specific language to establish expertise

Comprehensively discusses methods used to determine earned value

Discusses methods used to determine earned value, but with gaps in detail

Does not discuss methods used to determine earned value

20

Parameters: Selection

Meets “Proficient” criteria and provides explanation of why other methods are inappropriate for project in case study

Selects appropriate method for determining earned value for project in case study and substantiates position with research

Selects method for determining earned value for project in case study, but method is not appropriate, or does not substantiate position with research

Does not select method for determining earned value for project in case study

20

Articulation of Response

Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-to-read format

Submission has no major errors related to citations, grammar, spelling, syntax, or organization

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas

20

Earned Total 100%