Topic 4a: Earned Value Management Measures What four measures (not SV, CV, SPI, or CPI) form the basis for all earned value performance assessments and forecasts? How is each defined? How is each used? Topic

4b: PV vs. BAC How does Planned Value (PV) differ from Budget-at-Completion (BAC)? Suppose you have a scheduled project activity with a total duration of 12 weeks and an activity budget of $1,200. Assuming the planned expenditure rate is constant throughout the activity duration, what is PV at the end of the fourth week? At the end of the tenth week? At the end of the twelfth week? Suppose now the planned expenditure rate is: $50 for each of the 1st two weeks; $100 for each of the 3rd and 4th weeks; $125 for each of the 5th and 6th weeks; $150 for each of the 7th and 8th weeks; $125 for week 9; and $75 for each of weeks 10 through 12. What is PV at the end of the fourth week? At the end of the tenth week? At the end of the twelfth week?

Topic 4c: EV vs. PV How does Earned Value (EV) differ from Planned Value (PV)? Suppose you have a scheduled project activity with a total duration of 12 weeks and an activity budget of $1,200. Suppose also the EV accrual rule is fixed formula, in this case, 50/50. What is EV one hour after the activity starts? At the 50% completion point? When the activity completes? Suppose now the EV accrual rule is weighted milestones. Four equally-valued milestones have been created. What is EV when one milestone is complete? When three milestones are complete? When three and one-half milestones are complete? Suppose now the EV accrual rule is percent complete with gates. Four equally-valued milestones have been created. What is EV when one milestone is complete? When three milestones are complete? When three and one-half milestones are complete?