Question: Part I - (worth 15 points) So how is your project doing to this point?You are now in the Monitoring and Controlling Process Group and
Part I - (worth 15 points)
So how is your project doing to this point?You are now in the Monitoring and Controlling Process Group and right in the "thick of things" when it come to working project task found in the WBS.You are working to meet project requirements, working to achieve quality assurance, controlling costs and working to the project schedule - all of these to the "baseline" completed during the Planning Process activity
So again, the question is, how are you doing?
Well - here is the most recent project status report that you plan on sharing with the project team and then communicating to your senior management sponsor and other key stakeholders.
Table A - Project Status Report Information End of Month 8 for CMP
Project Performance Status
Cost Variance Percent (CV%) .05
Schedule Variance Percent (SV%) -.1
Cost Performance Index CPI) 1.05
Schedule Performance Index (SPI) .90
Budget at Completion (BAC) $6M
Estimate at Completion (EAC) $5.5M
Estimate to Complete (ETC) $2.9M
Variance at Completion (VAC) .5M Under
Answer the following questions based on your assessment of the data provide in the Table A.This Part I individual assignment is worth 15-points.Questions 1-9 are worth 1 point each, question 10 is worth 6 points for a total of 15-points for Part I.
1)What is going right on the CMP to this point?
2)What is not going as well as you would like it to be on the CMP to this point?
3)What percentage of the BAC is the EAC to this point on the CMP?
4)What is the CV% number telling you about the CMP to this point?
5)What is the SV% number telling you about the CMP to this point?
6)What is the PV number telling you about the CMP to this point?
7)What is the CPI number telling you about the CMP to this point?
8)What is the SPI number telling you about the CMP to this point?
9)Are you concerned about the EV to this point verses the PV going forward?Why? Why not?
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