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Final Exam: Earned Value Problem (total value of 50 points towards the final exam score)
Answer the following questions based upon the budget, cost ledger & percentage complete calculations on the following page. Assume the project is now at the end of the fifth week. Create the following status report for the end of week 5.
Status report: Ending week 5
Task
% Complete
EV
AC
PV
CV
SV
CPI
SPI
Design System
Finished
Draft Forms
Finished
Establish codes
Finished
Solicit
Bids
Finished
Collect Data
Finished
Setup Accounts
Finished
Program System
Finished
30%
Test System
0
Delivery Solution
0
Cumulative
Total
Is the project performing better or worse than expected? Explain your answer
Material to use during your calculations and analysis:
12345678
Design system251510
Draft Forms1055
Establish Codes1515
Solicit Bids55
Collect Data30101010
Set-up Accounts1010
Program System50202010
Merge Data1515
Test Sytem2525
Deliver Solution2020
Total2051535354020152520
155085125145160185205
12345678
Design system22121000
Draft Forms808000
Establish Codes17012500
Solicit Bids606000
Collect Data4100101120
Set-up Accounts10000100
Program System5800232510
Merge Data800008
Test Sytem000000
Deliver Solution000000
Total1701236384638
124886132170
12345678
Design system2550%100%100%100%100%
Draft Forms100%100%100%100%100%
Establish Codes150%75%100%100%100%
Solicit Bids50%100%100%100%100%
Collect Data300%0%30%60%100%
Set-up Accounts100%0%0%100%100%
Program System500%0%35%75%100%
Merge Data150%0%0%0%30%
Test Sytem250%0%0%0%0%
Deliver Solution200%0%0%0%0%
Budget
Actual Costs
TasksBudget
Week
Cumulative
Week
TasksBudget
TasksCost
Week
Cumulative
Percentage Complete