640 -6
2 years ago
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Unit6Lecture_PPTPDF1.pdf
PMG640Unit6Assignment_EVM1.pdf
Unit6Lecture_PPTPDF1.pdf
1/17/2018
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Unit 6 Lecture
PMG640– Project Scheduling and Cost Planning
Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
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Earned Value Management (EVM)
Earned Value Management (EVM)
Room 1
Duration = 1 day
Budget = $2,000
Status: 100% completed
Cost = $2, 000
Room 2
Duration = 1 day
Budget = $2,000
Status: 100% completed
Cost = $2,2000
Room 3
Duration = 1 day
Budget = $2,000
Status: 50% completed
Cost = $1,400
Room 4
Duration = 1 day
Budget = $2,000
Status: Not started yet
PMG640Unit6Assignment_EVM1.pdf
Due Date: Sunday by 11:59pm
Total Points: 100
Instructions: You are the project manager of a software development project. The team members will be working on five different components. Each of the components is budgeted to be $2,625, and all components are supposed to be completed in five weeks. Using the status in the following table, find the following values at the end of week four.
Project Planned End Date
Planned Budget
Actual Amount Spent by Week Four
Planned Completion by Week Four
Actual Completion by Week Four
Software Development Project
End of 5th week
$13, 125 for total project or $2,625 for each component
$9,000 Four out of five components
Three out of five components
Acronym Term Formula Answer Interpretation
PV
EV
AC
SV
CV
CPI
SPI
BAC
EAC
ETC
VAC
TCPI
PMG640 – Project Scheduling and Cost Planning
Unit 6 Assignment: EVM
Requirements:
• Use this MS Word file to complete your assignment and submit via Blackboard.
• Save your files using the following filename convention:
o EVM – FirstName_LastName
Be sure to read the criteria, by which your paper/project will be evaluated, before you write, and again after you write.
Evaluation Rubric for Unit 6: EVM Assignment
CRITERIA Deficient
Needs
Improvement Proficient
Exemplary
0 – 15 Points 16 – 19 Points 20 – 24 Points 25 Points
EMV Reserve justifications have no basis based on estimations but some justifications provided.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations and
or PERT. Some of the
estimations
incomplete and
justifications are
partially complete.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations
and or PERT.
Some of the
estimations are
complete and
matches the
justifications.
Justifications for reserve fund are based on clear estimations using EMV calculations and or PERT. The estimations are complete and matches the justifications.
Milestones All activities are Sequenced using the predecessors’ column without a closed network diagram. At least 1-2 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column without a closed network diagram. At least 3 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column with a closed network diagram. At least 3 of your tasks relationships must be different than Finish to Start.
All activities are Sequenced using the predecessors’ column with a closed network diagram. At least 4 of your tasks relationships must be different than Finish to Start.
Cost Baseline Cost baseline do not include at most of activity cost estimates and when added up and does not equals the cost baseline.
Cost baseline include at least 80 percent of activity cost estimates and when added up equals the cost baseline.
Cost baseline include all activity cost estimates and when added up equals the cost baseline.
Cost baseline include all activity cost estimates and when added up equals the cost baseline and contingencies.
Summary Budget Summary budget partially updated to include cost baselines estimates.
Summary budget 50 - 70 %l updated to include cost baselines estimates.
Summary budget 80 %l updated to include cost baselines estimates.
Summary budget fully updated to include cost baselines estimates.
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