QSO $420$ Milestone Two Guidelines and Rubric

Overview

This assignment is the next step in the analysis of the company for your final project.

Directions

For this milestone, you will calculate cost variance $($CV$),$ schedule variance $($SV$),$ cost performance index $($CPI$),$ and schedule performance index $($SPI$).$ Then you will analyze the CPI and explain its implications for the case study.

Specifically, you must address the following rubric criteria:

Earned Value Management Calculations

Demonstrate how earned value $($EV$),$ planned value $($PV$),$ and actual cost $($AC$)$ are used to calculate the following EVM measures: cost variance $($CV$),$ cost performance index $($CPI$),$ schedule variance $($SV$),$ schedule performance index $($SPI$),$ estimate to complete $($ETC$),$ estimate at completion $($EAC$),$ and variance at completion $($VAC$).$

Employ EVM equations to calculate the EVM measures $($CV$,$ SV$,$ CPI, SPI$)$ for the project in the case study.

Explain the implications for the project in the case study when CPI is greater than or equal to $1\mathrm{.}0,$ CPI is less than $1\mathrm{.}0,$ SPI is greater than or equal to $1\mathrm{.}0,$ and SPI is less than $1\mathrm{.}0.$