Question: After reading this appendix you should be able to: LO A13.1-1 Apply pseudo earned value rules to measure progress on a project. The following example

After reading this appendix you should be able to: LO A13.1-1 Apply pseudo earned value rules to measure progress on a project. The following example and exercises are designed to provide practice in applying the following three earned value rules: - Percent complete rule - 50/50 rule - 0/100 rule See the chapter for an explanation of each of these rules. Simplifying Assumptions The same simplifying assumptions used for the chapter example and exercises will also be used here. 1. Assume each cost account has only one work package, and each cost account will be represented as an activity on the network. 2. The project network early start times will serve as the basis for assigning the baseline values. 3. Except when the 0/100 rule or 50/50 rule is used, baseline values will be assigned linearly, unless stated differently. (Note: In practice estimated costs should be applied "exactly" as they are expected to occur so measures of schedule and cost performance are useful and reliable.) 4. For purposes of demonstrating the examples, from the moment work on an activity begins, some actual costs will be incurred e

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