Question: Assignment: Earned Value Management Objective: Use earned value management ( EVM ) to assess project performance by calculating cost and schedule variances, and to forecast

Assignment: Earned Value Management
Objective: Use earned value management (EVM) to assess project performance by
calculating cost and schedule variances, and to forecast an estimate at completion (EAC).
Assignment:
1. Following the example in the workbook and the lecture videos, use the Earned
Value Management Template to complete the following:
You have a project which will stack 10 blocks in 10 days at a rate of $10 per block.
At the end of day 5, you have spent $50 and have stacked 4 blocks.
o Determine AC, EV, PV
o Calculate CV and CPI
o Calculate SV & SPI
o Determine BAC
o Calculate EAC
At current CPI
For remaining work at budgeted rate

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