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From the data shown below, calculate the earned value of each control account as of 5/30/14. Assume all control account work is on schedule except

From the data shown below, calculate the earned value of each control account as of 5/30/14. Assume all control account work is on schedule except as noted below.

Control Account

Scheduled Start

Scheduled Completion

Budgeted Value

EV Progress Rule

1

3/3/2014

6/30/2014

10,000

Percent Complete with Gates (Note 1)

2

5/5/2014

6/6/2014

3,000

Fixed Formula: 50/50

3

5/26/2014

6/6/2014

1,000

Fixed Formula: 0/100

4

5/12/2014

5/30/2014

2,000

Fixed Formula: 30/70

5

4/14/2014

7/11/2014

15,000

Weighted Milestones (Note 2)

Note (1): Five equally-valued gates have been established in this control account. Two of the five gates are complete as of 5/30/14.The Control Account Manager estimates that half of the work required for the third gate has also been completed.

Note 2: Six milestones have been established in this control account with the following values: (1) milestone 1 20%; milestone 2- 15%; milestone 3 10%; milestone 4 25%; milestone 5 - 15%; milestone 6 15%. Three of the milestones are complete as of 5/30/14.

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