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Project Scheduling and Cost Planning Assignment - EVM
Instructions: You are the project manager of a software development project. The team members will be working on five different components. Each of the components is budgeted to be $2,625, and all components are supposed to be completed in five weeks. Using the status in the following table, find the following values at the end of week four.
Project
Planned End Date
Planned Budget
Actual Amount Spent by Week Four
Planned Completion by Week Four
Actual Completion by Week Four
Software Development Project
End of 5th week
$13, 125 for total project or $2,625 for each component
$9,000
Four out of five components
Three out of five components
Acronym
Term
Formula
Answer
Interpretation
PV
EV
AC
SV
CV
CPI
SPI
BAC
EAC
ETC
VAC
TCPI
Requirements:
Be sure to read the criteria, by which your paper/project will be evaluated, before you write, and again after you write.
Evaluation Rubric for EVM Assignment- Justifications for reserve fund are based on clear estimations using EMV calculations and or PERT. The estimations are complete and matches the justifications. All activities are Sequenced using the predecessors’ column with a closed network diagram. At least 4 of your tasks relationships must be different than Finish to Start. Cost baseline include all activity cost estimates and when added up equals the cost baseline and contingencies. Summary budget fully updated to include cost baselines estimates.
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