Question: Please help with a-t! EARNED VALUE ANALYSIS: 25 pt [Part D] Review the worksheet to get up to speed. Then, complete an Earned Value Analysis

Please help with a-t!

Please help with a-t! EARNED VALUE ANALYSIS: 25
EARNED VALUE ANALYSIS: 25 pt [Part D] Review the worksheet to get "up to speed". Then, complete an Earned Value Analysis j) (1 pt) What is the amount for Earned Value of the Task "Design for Production" at year- ("EVA") of the project. end 2023? Congratulations! You just graduated and started a new job at ACME on the first week of Determine / evaluate the following: January 2024. k) (1 pt) Next, you seek the Earned Value ("EV") for Project Volunteer as of year-end 2023. Where will you look and/or what will you do to get this value? You have been asked by your new boss to review the state of Project "Volunteer", which is a) (1 pt) Based on planned expenditures, what is the planned duration of the project? underway. Your boss wants your assessment of how well the project is proceeding. He 1) (1 pt) Related to the last question, what is the numerical value for Earned Value (EV) of provides you with access to the project's core file. b) (1 pt) What is the planned total spend for the Fabrication task? Project Volunteer as of year-end 2023, the date of your review? Consult the worksheet file "Final Exam Problems" and find the tab "Prob4-EVA". The c) (1 pt) What was the planned total project spend for the month of October 2023? tab looks like this (but is MUCH bigger, so do NOT use this snapshot to solve the problem - Schedule Performance - Questions / tasks: instead, use the spreadsheet): d) (2 pt) What is the total planned expenditure (cost) for the entire project Volunteer? Next, you want to assess SCHEDULE performance using Earned Value Analysis (EVA]. Problem 4 - EVA PROJECT PLAN for "Volunteer" e) (2 pt) You need to determine the "planned value" (PV) of the project as of Year End Project Volunteer PLANNED BUDGET (in THE 2023. Describe where you will look on the worksheet to find this value. (Be specific on m) (1 pt) To analyze schedule performance, you will compare TWO specific parameters and where to look here; I'll ask for the value in the next question) create a ratio. List the NAMES of these two parameters. Project Month # -. f) (1 pt) Related to the last question, what is the PV of Project Volunteer at Dec 2023? n) (1 pt) Calculate the schedule performance index for Project Volunteer as of Dec 2023. Label Activity Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-; (i.e., the number value) Research $10 $25 $25 $10 o) (2 pt) Based on your knowledge of this analysis method, is project Volunteer "on track", Concept Generation $80 $150 $10 Services Sic "running behind" or "ahead of plan"? How do you know this? mon Prototyping $10 Review of Costs - Questions / tasks: Customer Review p) (1 pt) Based on your assessment, make a new duration estimate for the duration of Product testing You note that the tab includes some compilations of actual costs incurred to date. sign for production Volunteer. How much over or under is it from the originally planned duration? Tanlinn Determine / evaluate the following: NOTE: Most calculations are already provided but you may need some. Create calculations g) (1 pt) What is the amount that was actually spent on Volunteer in Oct 2023? Cost Performance - Questions / tasks: or cells as needed to answer the below questions - or do them manually, as you wish. TAKE Next, you want to assess cost performance using Earned Value Analysis (EVA). CARE to maintain an original file in case you make an error and "break" the worksheet h) (1 pt) How much has been actually spent so far on Tooling as of Dec 2023? Since year-end 2023 just "closed" for accounting purposes at ACME, you decide to evaluate i) (2 pt) Determine actual total spend (actual cost) on Project Volunteer as of Dec 2023, 1) (1 pt) To analyze COST performance, you will compare TWO specific parameters and the project as of the end of year (Dec) 2023 the date of your review. create a ratio. List the NAMES of these two parameters. Your intern, Sven, has updated the % Complete column on the worksheet to show each task leader's assessment of their tasks as of year-end. r) (1 pt) Calculate the cost performance index for Project Volunteer as of Dec 2023. Earned Value Calculation - Questions / tasks: s) (2 pt) Based your knowledge of this analysis method, are Volunteer's costs "on-track", Your intern surveyed task owners regarding their progress on tasks at the end of the year, "better than plan" or "worse than plan" at this point? How do you know this? Review of Plan - Questions / tasks: and these results were collected and posted as "percent complete" on the tab. t) (1 pt) Based on your assessment, make a new estimate for the total COST of Volunteer. How much over or under is it from the originally planned cost

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