Schedule variance for the project as reported

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Reference no: EM131800651

50/50 rule earned value

	Budget	Begun?	Complete?	Actual cost	Earned Value
Task A	3,100	Yes	Yes	3,100	3,100
Task B	4,000	Yes	Yes	4,500	4,000
Task C	2,500	Yes	Yes	2,250	2,500
Task D	4,000	Yes	No	3,500	2,000
Task E	3,500	Yes	Yes	4,000	3,500
Task F	2,500	No	No	0	0

0/100 earned value

	Budget	Begun?	Complete?	Actual cost	Earned Value
Task A	3,100	Yes	Yes	3,100	3,100
Task B	4,000	Yes	Yes	4,500	4,000
Task C	2,500	Yes	Yes	2,250	2,500
Task D	4,000	Yes	No	3,500	0
Task E	3,500	Yes	Yes	4,000	3,500
Task F	2,500	No	No	0	0

1. Note the discrepancy of earned value figures when using the 50-50 Rule and 0-100 Rule. Why is there a discrepancy? Which Rule should we use? Explain your rationale

2. Using the 50-50 Rule earned value computation, what is schedule variance for the project as reported?

Reference no: EM131800651

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