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10. EVMS VAR Question You are a Control Account Manager (CAM) on a huge office building development in Washington DC. The total program is worth
10. EVMS VAR Question You are a Control Account Manager (CAM) on a huge office building development in Washington DC. The total program is worth $65,000,000. Specifically, you are the CAM for the water, wastewater, and plumbing supply subsystem tasks on the program. This is no small task as this is a very large building with extensive water and waste requirements for fire protection, bathroom facilities, technical laboratories, and even water fountains. Yesterday, your Program Manager stepped into your office and wanted to discuss your Control Account status. He presented you with the following report data. He mentioned that you tripped the variance analysis report (VAR) threshold and needed to provide a credible, thorough analysis report. Your task is to write a defensible VAR that the program manager can understand. You'll first need to fill in the missing information (shaded) for the report. (Hints: Obviously, you have no details about the specific issues with this control account. Use your imagination and think about what could possibly go wrong (or right) with the plumbing on a large building. We're not looking for a long technical discussion of plumbing. Rather, we are looking for a well thought-out VAR that shows thoughtful consideration for the Project Planning and Control activities learned in this class. Don't forget about the value of statistical measures to explain your position) CA: Plumbing Subsystem Number: OU812 Report Period: Mar 2017 VAR % Cost VAR Variance Planned in $000 Value Current Mo 65 Cumulative 1060 Budget At Complete 3400 Earned Actual Schedule Value Cost Variance 45 49 900 960 Estimate At Complete Variance at Completion 3600 (a) Problem Report: (6) Impact: (c) Corrective Action: 10. EVMS VAR Question You are a Control Account Manager (CAM) on a huge office building development in Washington DC. The total program is worth $65,000,000. Specifically, you are the CAM for the water, wastewater, and plumbing supply subsystem tasks on the program. This is no small task as this is a very large building with extensive water and waste requirements for fire protection, bathroom facilities, technical laboratories, and even water fountains. Yesterday, your Program Manager stepped into your office and wanted to discuss your Control Account status. He presented you with the following report data. He mentioned that you tripped the variance analysis report (VAR) threshold and needed to provide a credible, thorough analysis report. Your task is to write a defensible VAR that the program manager can understand. You'll first need to fill in the missing information (shaded) for the report. (Hints: Obviously, you have no details about the specific issues with this control account. Use your imagination and think about what could possibly go wrong (or right) with the plumbing on a large building. We're not looking for a long technical discussion of plumbing. Rather, we are looking for a well thought-out VAR that shows thoughtful consideration for the Project Planning and Control activities learned in this class. Don't forget about the value of statistical measures to explain your position) CA: Plumbing Subsystem Number: OU812 Report Period: Mar 2017 VAR % Cost VAR Variance Planned in $000 Value Current Mo 65 Cumulative 1060 Budget At Complete 3400 Earned Actual Schedule Value Cost Variance 45 49 900 960 Estimate At Complete Variance at Completion 3600 (a) Problem Report: (6) Impact: (c) Corrective Action
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