Earned Value Management Calculations

Earned Value Management Calculations
QSO 420 Milestone Two Guidelines and Rubric This assignment is the next step in the analysis of the company for your final project. For this milestone, you will create a presentation for the project manager based on the assigned case study that reports the project’s performance, including any current or potential deficiencies that you have identified, as well as your recommendations for improving project performance. Specifically, the following critical elements must be addressed. Use presentation notes (“speaker notes”) to articulate those points that are not observable in the presentation:
A. Demonstrate how EV, PV, and 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).
B. Employ EVM equations to calculate the EVM measures (CV, SV, CPI, SPI) for the project in the case study. C. Explain the implications for the project in the case study when CPI is greater than or equal to 1.0, CPI is less than 1.0, SPI is greater than or equal to 1.0,
and SPI is less than 1.0. Guidelines for Submission: Use Microsoft PowerPoint or a similar presentation software to create four to five slides (not including references slide) that report the project’s performance to the project manager. Be sure to cite references using APA format.
Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value
Calculations: EVM Measures
Meets “Proficient” criteria and articulation is exceptionally clear and logical
Accurately demonstrates how elements are used to calculate EVM measures
Demonstrates how elements are used to calculate EVM measures, but with gaps in accuracy
Does not demonstrate how elements are used to calculate EVM measures
30
Calculations: Equations
Accurately employs EVM equations to calculate EVM measures for project in case study
Employs EVM equations to calculate EVM measures, but with gaps in accuracy
Does not employ EVM equations to calculate EVM measures
30
Calculations: Implications
Meets “Proficient” criteria and articulation is exceptionally clear and logical
Accurately explains implications for project per specifications
Explains implications for project but with gaps in accuracy or detail
Does not explain implications for project
30
Articulation of Response
Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-to-read format
Submission has no major errors related to citations, grammar, spelling, syntax, or organization
Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas
Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas
10
Earned Total 100%

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