The MindGineer Project for your organization has been assigned to you to oversee as the project manager. A completion budget of RM 1,500,000 and a 18-month timeline are set forth for this project. The project has been ongoing for some time, and it is currently 30% finished, even though you were expected to guarantee 35% completion at this point. Your project continued to be delayed and has already cost RM 485,230 as a result of the unforeseen mistakes. 

 

1. Given the above information, complete the following table of earned value management formulas: 

Name of Formula	Formula	Formula Result
Actual Cost (AC)
Planned Value
Earned Value
Cost Variance
Schedule Variance
Cost Performance Index
Schedule Performance Index
Estimate at Completion
Estimate to Complete
To-Complete Performance Index (BAC)
To Complete Performance Index (EAC)
Variance at Completion

 

 Another project manager who has been assisting you has created an optimistic estimate of RM 10,450, a most likely estimate of RM 22,300, and a pessimistic estimate of RM 36,650 for a portion of this project. What is the three-point estimate in this scenario? 

1. You are currently assisting Datuk Darryl, the project manager for your client, in setting up the project management process of this project. Draw the project management life cycle components for Datuk Darryl to recognize the entire project flow.