The sponsor for project xy

Assignment Help Management Theories

Reference no: EM131039017

You are the sponsor for project XY. The project manager has provided you the following three status reports. The project started on 2/1 and it is now the end of the 4th week. For this assignment, complete this packet in its entirety to include all tables, blanks, and questions. Complete the file and submit as your completed assignment.

Percent: Completion Report

Activity	Date Started	Percent completed	Time to Complete (weeks)
AB	2/1	100	Completed
AC	2/8 (Approved delay, 1 week)	40	3
AD	2/1	100	Completed
DE	Not started-unapproved delay	0	2
BF	2/14	40	3

Project Planning Budget: Dollars Budgeted Per Week for Each Activity, Project Starting 2/1

Activity	Week 1	Week 2	Week 3	Week 4	Week 5	Week 6	Week 7	Week 8	Total $
AB	2,000	2,000	2,000						6,000
AC	3,000	4,000	4,000	4,000	5,000				20,000
AD	2,000	3,000	2,500						7,500
BF				2,000	3,000	4,000	3,000	3,000	15,000
CE						2,500			2,500
DE				3,500	3,500	3,500			10,500
EF							3,000		3,000
Total:	7,000	9,000	8,500	9,500	11,500	10,000	6,000	3,000	64,500

Cost Summary

	Week Ending			Cumulative to Date
Activity	Budget Cost	Actual	(Over) / Under	Budget Cost	Actual	(Over) / Under
AB	6000	6200	(200)	6,000	6,200	(200)
AC	4,000	4,500	(500)	11,000	9,000	2,500
AD	0	2,400	(2,400)	7500	7,400	100
BF	2,000	2,800	(800)	2,000	4,500	(2,500)
DE	3,500	--	3,500	3500	0	3,500
Total	9,500	9,700	(200)	34,000	30,600	3,400

It is now the end of Week 4 and you want to determine the status of the project using earned value management. Complete the table and earned value metrics below. Some of the information has already been entered for you.

Activity	% Complete	Planned Value (PV)	Earned Value (EV)	Actual Cost (AC)	Cost Variance	Schedule Variance	Total Budget
AB	100			6,200			6,000
AC	60		8,000				20,000
AD	1000						7,500
BF	25		6,000				15,000
CE	n/a						2,500
DE*	0						10,500
EF	n/a						3,000
TOTAL							64,500
* Note that activity AC was delayed one week (approved);
DE is one week behind schedule (not approved).

Calculate each of the following:

	Cost Variance ($) = EV - AC
	Schedule Variance ($) = EV - PV
	Schedule Variance (weeks) = Schedule Variance ($) / Average Weekly PV
	Cost-at-Completion= (Rate of Spending x Total Budget) = ([AC / EV] * Total Budget)
	CPI = EV / AC
	SPI = EV / PV

Add your written analysis below by answering three questions:
1. What is the state of the project?
2. Which activity has had the most positive impact on the project?
3. Which activity has had the most negative impact on the project?

Reference no: EM131039017

Questions Cloud

Best selling product : Give the SQL statement that will find the best selling product(most frequently sold). Output the product name and number sold.

Member of the systems development team : You are a member of the systems development team for XYZ Car Manufacturer. The project manager has tasked you to design an object-oriented modeling for the company vehicle line that consists of cars, minivans, trucks, SUVs, and hybrids. The projec..

Briefly describe the threat : This assignment provides you with an opportunity to read an article about a current security threat (or attack) while also examining how security measures impact the customer experience.

How much was net income for 20x7 and 20x8 : Is total "working capital" reduced on the date of declaration, date of record, and/or date of payment?

The sponsor for project xy : You are the sponsor for project XY. The project manager has provided you the following three status reports. The project started on 2/1 and it is now the end of the 4th week. For this assignment, complete this packet in its entirety to include all..

Sum of the cubes of the digits : Write a program using while loop that can read an integer number and determines whether the sum of the cubes of the digits is equals to the number itself. display a message indicating whether the sum of the cubes is equal or not equal to the numbe..

How much was net income for 20x7 and 20x8 : Is total "working capital" reduced on the date of declaration, date of record, and/or date of payment?

What is the percentage change for each of the given item : What is the percentage change for each item listed? What observations can you make for each item? Is there anything in the annual report that supports your observations?

Is there any income statement impact from these transaction : Believing that its share price was depressed due to general market conditions, Kenya's board of directors authorized the reacquisition of 250,000 shares of common stock. These treasury shares were purchased at $10 per share.

User Account

All Pages