Earned Value Calculation Objectives of this assignment: Demonstrate ability to calculate earned value indicators Demonstrate ability to interpret earned value indicators Assignment: 1. Within this assignment you will calculate earned value indicators at specified points in time for a project. This was demonstrated within the lecture for this chapter as well as in the text. An additional instructional video is also available within this session called, "How to Calculate Earned Value Indicators." 2. The following is a time-phased budget for a project. The baseline provided here is necessary in order to compare actual information and what was planned. Project Baseline (PV) (in $) 3 4 5 6 Task Dur ES 1 2 7 8 9 10 11 12 13 14 250 250 A B 2 6 2 600 200400 200 400 200 200 400 500 100 300 5 1. C D LF SL Budget (PV) 2 0 500 8 0 2000 9 2 1500 11 0 1200 12 2 600 14 0 600 Period PV total Cumulative PV total 3 400 400 400 200 300 100 3 E F 3 200 100 300 300 250 250 400 800 700 500 800 700 500 400 200 100 500 2900 250 500 900 1700 2400 3400 4200 4900 5400 5800 6000 6100 6400 3. Next, fill out the table below and enter in the EV calculations for the end of period 4. EV AC PV CV SV End of Period 4 TASK Actual % Complete A Finished B 50% 33% D 0 E 0 F 0 Cumulative totals 400 1000 500 0 0 0 4. Next, fill out the table below and enter in the EV calculations for the end of period 8. EV AC PV CV SV End of Period 8 TASK Actual % Complete A Finished B Finished C Finished 33% E 33% F 0 Cumulative totals 400 2000 1500 300 300 0 5. At the end of period 8, interpret the SV. 6. At the end of period 8, interpret the CV. 7. At the end of period 8, how many days are you ahead of or behind schedule? (Hint: you need to identify your critical path) 8. At the end of period 8, calculate and interpret the PCIC and PCIB. 9. At the end of period 8, calculate and interpret the CPI. Earned Value Calculation Objectives of this assignment: Demonstrate ability to calculate earned value indicators Demonstrate ability to interpret earned value indicators Assignment: 1. Within this assignment you will calculate earned value indicators at specified points in time for a project. This was demonstrated within the lecture for this chapter as well as in the text. An additional instructional video is also available within this session called, "How to Calculate Earned Value Indicators." 2. The following is a time-phased budget for a project. The baseline provided here is necessary in order to compare actual information and what was planned. Project Baseline (PV) (in $) 3 4 5 6 Task Dur ES 1 2 7 8 9 10 11 12 13 14 250 250 A B 2 6 2 600 200400 200 400 200 200 400 500 100 300 5 1. C D LF SL Budget (PV) 2 0 500 8 0 2000 9 2 1500 11 0 1200 12 2 600 14 0 600 Period PV total Cumulative PV total 3 400 400 400 200 300 100 3 E F 3 200 100 300 300 250 250 400 800 700 500 800 700 500 400 200 100 500 2900 250 500 900 1700 2400 3400 4200 4900 5400 5800 6000 6100 6400 3. Next, fill out the table below and enter in the EV calculations for the end of period 4. EV AC PV CV SV End of Period 4 TASK Actual % Complete A Finished B 50% 33% D 0 E 0 F 0 Cumulative totals 400 1000 500 0 0 0 4. Next, fill out the table below and enter in the EV calculations for the end of period 8. EV AC PV CV SV End of Period 8 TASK Actual % Complete A Finished B Finished C Finished 33% E 33% F 0 Cumulative totals 400 2000 1500 300 300 0 5. At the end of period 8, interpret the SV. 6. At the end of period 8, interpret the CV. 7. At the end of period 8, how many days are you ahead of or behind schedule? (Hint: you need to identify your critical path) 8. At the end of period 8, calculate and interpret the PCIC and PCIB. 9. At the end of period 8, calculate and interpret the CPI