You have a project to build a new studio. The studio has 4 walls as shown at left. Each wall is to
take one day to build, and $5000 has been budgeted per wall. The walls were planned to be
completed one after the other, but circumstances changed on the project, and work on the
walls was able to proceed in parallel - more than one wall can be started at the same time.
Today is the end of Day 3.
Use the following project status chart and the earned value management technique to
determine the project's schedule and cost status. Remember, Time = Money (calculate all in
monetary values). Review video V31 and lecture video L24.
Example:
CIS 311 Project Management
Earned Value Management Analysis – A7
(39 points = 5%)
Name: __________________________________________________
Click the image below to add data to the spreadsheet. Save this page as a .pdf file and submit to Blackboard.
Do not change cell sizes - don’t type beyond the space provided (be brief).
Include the formulas as shown in the example on page 1 (1 point per cell).
Be sure to follow correct file naming formats (e.g. tbarry-A7.pdf – points deducted for incorrect file names).
Submit only this page for A7! (5 points deducted for including page 1)
Email submissions to the professor will NOT be accepted under ANY circumstances.
All Dollar values and Percentage calculations – 2 decimal places
What Is? Formula Calculation
With Numbers Answer Interpretation of the Answer
1 BAC
2Planned %
Complete
3 PV
4Actual %
Complete
5 EV
6 SPI
7 SV
8 AC
9 CPI
10 CV
11 EAC
12 ETC
13 VAC
Type your name here
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