Earned Value Performance Measures

a. Calculate earned value performance parameters for each activity and for the cumulative project as of the end of week 8; fill in the table below:

Activity	Schedule Variance (SV)	Schedule Performance Index (SPI)	Cost Variance (CV)	Cost Performance Index (CPI)
Activity One
Activity Two
Activity Three
Activity Four
Activity Five
Activity Six
Activity Seven
Entire Project

b. Is the project ahead of schedule, on schedule, or behind schedule? What EVM information are you using to make this assessment and why?

c. Is the project over budget, under budget, or on budget? What EVM information are you using to make this assessment and why?

PMAN 650 Session 5 Individual Assignment (v3.1) Earned Value Management Activity 4 Weekly Planned Expenditures The project sponsor wants you (the PM) to present a project cost and schedule performance assessment using data through the end of week 8: Activity Actual Start Actual Finish Expended 1 Start of week 1 Endofweek 5 22,000 2 Start of week6 Endof week 8 3 Start of week 3 4 Start of week 8 25,000 40,000 For activity 1, three equally-valued gates have been established and all gates are complete as of the end of week 8. For activity 3, five milestones have been established with the following values: (1) milestone 1-10%; milestone-20%; milestone 3-15%; milestone 4-20%; milestone 5-35%. Four of the milestones are complete as of the end of week B. For activity 4, four equally values gates (milestones) have been established. As of the end of week B, none of the gates have been reached but the activity owner estimates 30% of the work required to reach the first gate has been accomplished. Answer the questions that follow. Show all work. Round dollar values to the nearest dollar. Calculate all other variables to three decimal places. PMAN 650 Session 5 Individual Assignment (v3.1) Earned Value Management Activity 4 Weekly Planned Expenditures The project sponsor wants you (the PM) to present a project cost and schedule performance assessment using data through the end of week 8: Activity Actual Start Actual Finish Expended 1 Start of week 1 Endofweek 5 22,000 2 Start of week6 Endof week 8 3 Start of week 3 4 Start of week 8 25,000 40,000 For activity 1, three equally-valued gates have been established and all gates are complete as of the end of week 8. For activity 3, five milestones have been established with the following values: (1) milestone 1-10%; milestone-20%; milestone 3-15%; milestone 4-20%; milestone 5-35%. Four of the milestones are complete as of the end of week B. For activity 4, four equally values gates (milestones) have been established. As of the end of week B, none of the gates have been reached but the activity owner estimates 30% of the work required to reach the first gate has been accomplished. Answer the questions that follow. Show all work. Round dollar values to the nearest dollar. Calculate all other variables to three decimal places