Earned Value Analysis A/5 D/7 B/6 C/10 In the above, assume tasks A, B & C all started on 11/20/00. Planned durations are in days and are the numbers in the boxes shown above. A is 60% complete, B is 70% complete and C is 50% complete. So far, $1800 has been spent on A, $2000 on B and $4000 on C. The daily costs for A, B and C are $400, $500, $800, respectively. The budget for A is 5*$400 or $2000. Use today's date to determine BCWS. Assume 5-day work weeks, with no work being done on Saturday or Sunday. For example, the BCWS for A is $2000. Determine for A, B and C, BCWP, BCWS, ACWP, CV (=BCWP - ACWP), SV (=BCWP - BCWS). a. Complete the following table. TASK BUDGET %COMP CV SV ACWP (AC) BCWS (PV) BCWP (EV) A B TOTALS b. Is the project behind schedule? Over or under budget? Will the entire project be delayed? Formulas: CV = BCWP - ACWP SV = BCWP - BCWS CI = BCWP/ACWP SI = BCWP/BCWS (a + 4b + c)/6, where a is the optimistic time, b is the most likely time and c is the pessimistic time Mean= Variance= (c-a)/36 Earned Value Analysis A/5 D/7 B/6 C/10 In the above, assume tasks A, B & C all started on 11/20/00. Planned durations are in days and are the numbers in the boxes shown above. A is 60% complete, B is 70% complete and C is 50% complete. So far, $1800 has been spent on A, $2000 on B and $4000 on C. The daily costs for A, B and C are $400, $500, $800, respectively. The budget for A is 5*$400 or $2000. Use today's date to determine BCWS. Assume 5-day work weeks, with no work being done on Saturday or Sunday. For example, the BCWS for A is $2000. Determine for A, B and C, BCWP, BCWS, ACWP, CV (=BCWP - ACWP), SV (=BCWP - BCWS). a. Complete the following table. TASK BUDGET %COMP CV SV ACWP (AC) BCWS (PV) BCWP (EV) A B TOTALS b. Is the project behind schedule? Over or under budget? Will the entire project be delayed? Formulas: CV = BCWP - ACWP SV = BCWP - BCWS CI = BCWP/ACWP SI = BCWP/BCWS (a + 4b + c)/6, where a is the optimistic time, b is the most likely time and c is the pessimistic time Mean= Variance= (c-a)/36