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Project Part II
Leiza L Martin
Devry University
PM 592
Jose Ortiz
April 20
Martin 2
(1) Here is the performance for the first three months of your project (total project
below comprises every task defined for your project through the point in time that
you take acceptance of your dream home from the builder, on or before March 31,
2012):
Month 1:
Project Progress: You are half complete with the tasks you scheduled for
Month 1.
Month 2:
Month 3:
Project Progress: You are 13% complete with the total project
Conduct an earned value analysis for this project and calculate the cost
and schedule variances, as well as the cost and schedule performance
indexes for the first 3 months of the project.
(2) What are your interpretations of the results from the earned value analyses? What
actions would you take to ensure that March 31, 2012 deadline is met?
(3) What is the estimate to complete and estimate at completion for this project given
the corrective measures you have identified above?
The project must have a cover page attached. Parts 2 is due on week 7. Exceptions due to
illness or family emergency will be dealt with by the instructor at his/her discretion.
Martin 3
Mon
PV
According with this data, the project is CV is less than 1 that will mean that I am over budget for
the work that has to be done. Also the SV is lees than 1 too, so it means that the project is
EV
currently worth of effort behind schedule.
For every dollar spent we will get $0.87 of the planned result, and for every dollar spent on
AC
According with the result I would review the project analyzing the work that has to be done and
make the change necessary to adjust the project such as adding new task or changing the scope
BAC
CV
CPI