A-12 Avenger II Program - Background - Replacement for the US Navy's A-6 Intruder aircraft - January 1988, General Dynamics and McDonnell Douglas were awarded the full-scale development program - Contract -6 year fixed price incentive contracts - 5 full-scale test articles; 8 flight units - First flight schedule for June 17, 1990 - What Happened - December 1989 formal program review - Navy Program Manager declared program "on schedule, on cost, on track" - Cost Performance Data provided starting in February 1989 Exercise: Performance Measurement A-12 Program Based on the information provided, assess and document your opinion about the realism of the EAC for the A-12 program. To help you with the assessment, answer the following questions: - What percent complete is the project? [EV/BAC] [Answer: ] - What percent was scheduled to be complete? [PV/BAC] [Answer: ] - What percent has been spent of the EAC? [AC/EAC] [Answer: ] - Compare CPI and TCPI for realism: - CPI shows the cost efficiency to date [Answer: ] - TCPI shows the required cost efficiency to meet the EAC [Answer: ] - If the CPI and TCPI are more than 10% different, the EAC is very likely to be unrealistic [(TCPI-CPI)/CPI] x100 (Answer: ) - Compare the overrun to date (CV) with the overrun at the end of the project (VAC): - The CV shows the cost variance to date [CV=EV-AC] [Answer: ] - The VAC shows the projected cost variance at the end of the project, based on the EAC IVAC =BAC EAC] [Answer: ] - If the overrun to date (CV) is worse than the projected final overrun (VAC), then a recovery is NOT expected; recoveries of more than 10% are rare, especially if the project is more than 20% complete (VAC-CV)/CV) X 100 and EV/BAC X 100 (Answer: ) - Calculate two statistical EACs, based on trends to date: - Low End Statistical EAC (1) =AC+[(BACEV)/ / CPI) (Answer: ) - High End Statistical EAC (2) =AC+[(BACEV)/ (CPI X SPI)] [Answer: 1 - If you were a consultant for the government, what action would you recommend for the A-12 Program? [Answer: ]