Question
Your project sponsor has been so impressed with your project management work that you have been tasked to assist on Project Ecommerce. The project manager
Your project sponsor has been so impressed with your project management work that you have been tasked to assist on Project Ecommerce. The project manager for Project Ecommerce does not know how to use Earned Value Management. Your task is to calculate EVM, and prepare a report that shows all your calculations, explains EVM and all related terms as concepts, then analyzes, interprets, and suggests actions for Project Ecommerce.
The other project manager has prepared this information for you:
Project Name | Project eComm |
Timeline | 22 months |
Total project budget | $5,500 |
Elapsed time | 8 weeks |
Money spent in month 1 (AC) | $190 |
Money spent in month 2 | $350 |
Value of work completed in month 1 (EV) | $150 |
Value of work completed in month 2 | $300 |
Allocated for expenses in month 1 (8.2 OF THE BOOK) PV | $150 |
Allocated for expenses in month 2 | $250 |
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Horngrens Accounting
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
9780134487151, 013448715X, 978-0134674681
