Please help with the week eight project. Please provide references.

Project Execution

(Individual project)

Overview of the Project Execution, Tracking, and Changes assignment

Your job as Project Manager just got interesting. You have spent considerable time getting ready to actually launch the project and now it is show time! The customer has signed off on spending a significant amount of money and you need to keep things on schedule and within budget. Managing those elements are not easy without tools. Fortunately, you are going to learn how to employ earned value management for tracking project progress and determining when corrective action is needed (and what it should be).

First, read the "Managing the Budget (EVM)" topic in the "Budget Planning" e-Book (Week 8a? Readings). It covers all the aspects of earned value you will learn about in this assignment.

Project Background

This assignment will use the Time Sharing System from "How to Build Work Breakdown Structures" (Week 1a?Readings). The customer has signed off on the project and it is now ready to launch. Your team includes eight resources made up of Project Manager (that is you!), Analysts, Developers, and Testers. The project is planned to start on July 11th, finish on November 30th, and cost $251,335.

Once into execution, you will see some changes (surprises) come up that affect the schedule. Since earned value is calculated from data within the schedule1, that whole picture will change as well. The Excel sheet is pre-loaded with data from schedule snapshots taken at six different points during project execution.

NOTE: There are two parts to this assignment.

Part 1 - Enter Earned Value data into Microsoft Excel

Open the Excel file, "Earned Value Chart" (Week 8a?Assignment).

PV EV AC BAC CV SV CPI SPI EAC ETC Cost Schedule Schedule Cost Budget at Schedule Performance Performance Estimate at Estimate to Status Date Planned Value Earned Value Actual Cost Performance Performance Completion Cost Variance Variance Index Index Completion Complete 12-Jul $0.00 $0.00 $0.00 On Schedule On Budget $251,335.00 $0.00 $0.00 0.0000 0.0090 $0.00 $0.00 26-Jul $15,055.00 $21,260.00 $17,595.00 $251,335.00 2-Aug $27,580.00 $32,472.71 $33,875.00 $351,315.00 30-Aug $71,580.00 $68,720.00 $70.655.00 $351,315.00 8-Nov $303,330.00 $186,170.00 $200,905.00 $251,315.00