EM 636-101 Project Management: Project Planning and Budget

EM 636-101 Project Management: Project Planning and Budget

Question:

Earned Value Analysis:

Problem #1

Complete SV, CV, CPI, SPI and EAC for each week.  Also, plot plot CPI and SPI over time.

BAC = 460

Week

BCWS

BCWP

ACWP

SV

CV

CPI

SPI

EAC

1

50

50

25

 

 

 

 

 

2

70

60

40

 

 

 

 

 

3

90

80

67

 

 

 

 

 

4

120

105

90

 

 

 

 

 

5

130

120

115

 

 

 

 

 

6

140

135

130

 

 

 

 

 

7

165

150

155

 

 

 

 

 

8

200

175

190

 

 

 

 

 

9

250

220

230

 

 

 

 

 

10

270

260

270

 

 

 

 

 

11

300

295

305

 

 

 

 

 

12

350

340

340

 

 

 

 

 

13

380

360

370

 

 

 

 

 

14

420

395

400

 

 

 

 

 

15

460

460

450

 

 

 

 

 

Problem #2

Complete this table using the information below for the project AT THE END OF WEEK #4.

Activity

Percent Complete

BCWS

BCWP

BCWP (using 50/50 Rule)

ACWP

CV

SV

CV (using 50/50 Rule)

SV (using 50/50 Rule)

Network Logic:

Problem # 3

On June 12th, Delta Corporation was awarded a $160K contract for Project X.  The contract consisted of $143K for labor and materials with the remaining $17K as projected profit.  The project started on July 3rd.  The Network Logic and Project Planning Budget as developed by the project manager was as follows:

Network Logic:    

Starting Node

Ending Node

Duration (Weeks)

A

B

7

A

C

10

A

D

8

B

C

4

B

E

2

C

F

3

D

F

5

E

F

2

F

G

1

Project Planning Budget:

On August 27th (8 weeks into project), Delta’s CEO received the following status report:

Activity

% Complete

Actual Cost (K’s)

Time remaining (Weeks)

AB

100

 $           23.50

0

AC

60

 $           19.20

4

AD

87.5

 $           37.50

1

BC

50

 $              8.00

2

BE

50

 $              5.50

1

 

The CEO could not identify the real status of the project from this report, even after comparing the report the Project Planning Budget.  As such, you have been asked to prepare a better status report (using the format below). to depict the “true status” of the project including how much profit the project is expected to yield now (after week 8).

Status Report Format: 

Activity

Percent Complete

BCWS

BCWP

BCWP (using 50/50 Rule)

ACWP

CV

SV

CV (using 50/50 Rule)

SV (using 50/50 Rule)

Read less
QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER