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Earned Value Management System STARTING A CLOTHING BRAND USE the earned value table below and calculate the schedule variance, cost variance, and EAC for each
- Earned Value Management System STARTING A CLOTHING BRAND
- USE the earned value table below and calculate the schedule variance, cost variance, and EAC for each week. Then, discuss the results. For example, is the project ahead or behind schedule? Is it over or under budget? (Hint: Watch the Week 5 Live Chat for instructions on how to complete this assignment)
Week | BCWS | BCWP | ACWP | Schedule | Cost | 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 |
- Overall Cost and Schedule Performance
- Discuss how you will monitor progress and what metrics, reports, and graphs you will use to monitor progress.
- Discuss how you will respond to deviations (specifically around schedule compression and a contingency budget).
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