Exercise Understand how using Earned Value can help project managers do a

Objectives & better job of managing cost on projects. Us Borders llowing Gantt

Instructions Chart, fill in the data on the following page. Please use hours $(40hrs$

per week$)$ for all calculations. $\begin{array}{cc}\text{E}\text{x}\text{e}\text{r}\text{c}\text{i}\text{s}\text{e}\text{:}\text{E}\text{a}\text{r}\text{n}\text{e}\text{d}\text{V}\text{a}\text{l}\text{u}\text{e}\text{C}\text{h}\text{a}\text{r}\text{t}\text{i}\text{n}\text{g}& \text{V}\text{e}\text{r}\text{s}\text{i}\text{o}\text{n}1\mathrm{.}0\\ \text{C}\text{o}\text{u}\text{r}\text{s}\text{e}\text{:}\text{T}\text{e}\text{c}\text{h}\text{n}\text{i}\text{c}\text{a}\text{l}\text{P}\text{r}\text{o}\text{j}\text{e}\text{c}\text{t}\text{M}\text{a}\text{n}\text{a}\text{g}\text{e}\text{m}\text{e}\text{n}\text{t}& ?\end{array}$

Exercise Objectives

Exercise

Scenario

Understand how using Earned Value can help project managers do a better job of managing cost on projects. Read the following chart and determine all Earned Value Calculations

In the Spring of $2002,$ Rockwell Collins initiated a new project to create the next generation Flight Management System $($FMS$)$ for their commercial and Government customers. The project comprised of the major tasks listed below and was scheduled to be completed in the spring of $2003.$

Using the information below, complete all tables on the following page. Then take PV$,$ EV$,$ and AC information and create an MS Excel Line Chart.