TCM 701 1
RESOURCE HOMEWORK Exercise 10.1 Earned Value
Project 1 • Budget at completion (BAC) = $50,000 • Actual Cost (AC) = $40,000 • Earned Value (EV) = $35,000 • Planned Value (PV) = $37,000
Project 2 • Budget at completion (BAC) = $20,000 • Actual Cost (AC) = $15,000 • Earned Value (EV) = $18,000 • Planned Value (PV) = $16,000
Directions Complete the earned value calculations for both projects to determine: • Cost variance (CV) • Schedule variance (SV) • Cost performance index (CPI) • Schedule performance index (SPI) • Estimate at completion (EAC) Compose a statement on both project’s status. • Is the project ahead or behind schedule? • Is the project over or below budget? • Is the earned value performance better or worse than planned? Organize your calculations and statements in one or more tables and consolidate into one PDF document.
TCM 701 2
Exercise 10.2 Stakeholder Metrics Background This exercise continues your student project that will be used for several homework exercises. The scenario is that you work for the fictitious company: Bear Claw Corporation. You are a project manager assigned to a new project. You are in the defining and planning phases and tasked to produce the project planning documents. This exercise determines stakeholder metrics. Directions Based on the material presented in the Project Metric (week 9) and Stakeholder Metrics video lessons, identify at least three stakeholder metrics. Endeavor to include at least one cost and one schedule-based metric. For each stakeholder metric provide: • Metric name • Input result and performance metrics • Description of usefulness to parent organization
Organize the stakeholder metric information in one or more tables and consolidate into one PDF document.
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1 TCM 701
EARNED VALUE EXERCISE 10.1 RESOURCE HOMEWORK
• Budget at Completion (BAC) = $50,000 for Project 1 • $40,000 Actual Cost (AC) • Earned Value (EV) = $35,000; PV = $37,000
• Budget at completion (BAC) = $20,000 for Project 2 • $15,000 Actual Cost (AC) • Earned Value (EV) = $18,000; PV = $16,000
Directions Complete the earned value calculations for both projects to determine: • Cost variance (CV) • Schedule variance (SV) • Cost performance index (CPI) • Schedule performance index (SPI) • Estimate at completion (EAC) Compose a statement on both project’s status. • Is the project ahead or behind schedule? • Is the project over or below budget? • Is the earned value performance better or worse than planned? Organize your calculations and statements in one or more tables and consolidate into one PDF document.
TCM 701
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