Earned Value Management Assignment PDF

Running head: PMP ASSIGNMENT
PMP Assignment
Name of the Student:
Student ID:
Name of the University:
Author’s note:

1PMP ASSIGNMENT
Task 1: Earned Value Management
1.1 Planned Value, Actual Cost and Earned Value
Given,
Programme
r Budgeted Time Actual Time Cost % work completed
Bob 20 15 1500 60.00%
Sue 25 25 2500 75.00%
Roger 20 5 500 10.00%
Mike 20 30 3000 50.00%
Jil 20 15 1500 80.00%
Total 90 9000 55.00%
Hence,
BAC (budget at completion) = $10,000 (total expected cost of the project)
% work estimated to be completed = 90%
Therefore,
Planned Value (PV) = $9,000.00 (BAC*%work to be completed)
Actual Cost (AC) = $9,000.00 (total amount of money spent)
Earned Value (EV) = $5,500.00 (BAC*%work completed)
1.2 Cost Performance Index and Schedule Performance Index
Provided from last calculation,
Planned Value (PV) = $9,000.00 (BAC*%work to be completed)

2PMP ASSIGNMENT
Actual Cost (AC) = $9,000.00 (total amount of money spent)
Earned Value (EV) = $5,500.00 (BAC*%work completed)
Therefore,
Cost Performance Index (CPI) = 0.61 (EV/AC)
Schedule Performance Index (SPI) = 0.61 (EV/PV)
1.3 Final Cost Estimates
Given,
BAC = $10,000.00
AC = $9,000.00
EV = $5,500.00
CPI = 0.61
SPI = 0.61
Cost Variance (CV) = -$3,500.00 (EV-AC)
Schedule Variance (SV) = -$3,500.00 (EV-PV)
Variance at Completion (VAC) = -$6,363.64 (BAC-EAC)
1.4 Overall Efficiency Ratings
Given,

3PMP ASSIGNMENT
Work Percentage completed = 55% (Average work completed by all programmers)
Work Percent scheduled to be completed = 90%
SPI = 0.61
Delay = -0.35 ((Percentage completed – Percent scheduled to be completed) / 100)
SPI Rating value is calculated as follows:
If SPI Value >= 1 then SPI Rating = 10
If SPI Value >= 0.95 and Delay Value < 1, then SPI Rating = 9
If SPI Value >= 0.90 and Delay Value < 0.95, then SPI Rating = 7
If SPI Value >= 0.80 and Delay Value < 0.90, then SPI Rating = 5
If SPI Value < 0.80, then SPI Rating = 3
Hence SPI rating = 3
Delay rating value is calculated as follows:
If Delay Value >= 0, then Delay Rating = 10
If Delay Value >= -0.05 and Delay Value < 0, then Delay Rating = 9
If Delay Value >= -0.10 and Delay Value < -0.05, then Delay Rating = 7
If Delay Value >= -0.20 and Delay Value < -0.10, then Delay Rating = 5
If Delay Value < -0.20, then Delay Rating = 3

4PMP ASSIGNMENT
Hence Delay rating = 3
Task 2: Project Report
2.1 Executive Summary
The following report had considered the project scenario of software development
projects and it would be helpful for aligning with the influence of the effective system
development. The assignment had considered the implication of the effective project
communication as the main topic for discussion. The alignment of the effective project
completion had formed the significant impact on the effective communication models. The use
of communication management plan had been helpful for carrying out the execution of the
improved project completion. The communication plans had supported the execution the
completion of the project activities.
2.2 Introduction to Project
The communication in IT software development projects had been largely used for
defining the implication of the effective project execution and integration. The software
development projects have remote based operations and the completion of the project would
require the effective communication between the project team members. The deployment of the
effective project completion would form the deployment of the effective project management
model. The completion of the project would be largely dependent on the alignment of the project
communication process.
2.3 Purpose of Report

5PMP ASSIGNMENT
The following report would provide the use of the effective communication in an IT
based project. The software development projects are supportive for aligning with the
management of the successful implication of the activities. The formation of the effective project
completion would help in dealing with the analysis of the improved project alignment methods.
The significant development would help in forming the implication of the effective stakeholder
management. The use of communication management plan had been helpful for carrying out the
execution of the improved project completion. The communication plans had supported the
execution the completion of the project activities. The use of the successive project
communication would be supported for listing the utilization of the improved Enterprise
Environmental Factors. The completion of the project activities would be supported by the
deployment of the activities and formation of the systematic project closure. The communication
matrix would be supportive for developing the execution of the project completion.
2.4 Review and Analysis
The product advancement project has remote based activities and the finish of the task would
require the powerful communication between the undertaking colleagues. The fulfillment of the
task would be to a great extent reliant on the arrangement of the project communication process.
The arrangement of the successful task consummation would help in managing the investigation
of the enhanced undertaking arrangement strategies. The noteworthy improvement would help in
framing the implication of the powerful undertaking culmination techniques. The utilization of
the progressive task communication would be supported for posting the usage of the enhanced
project communication procedures. The communication network would be strong for building up
the execution of the undertaking culmination.

6PMP ASSIGNMENT
2.5 Conclusion and Recommendations
The completion of the study helped in understanding the implication of the effective
project completion methods. The software project had been analyzed for forming the clear
analysis of the project development. The significant deployment of the communication matrix
would help in synthesizing the alignment of the improved communication processes.
The use of communication management plan would be helpful for carrying out the
execution of the improved project completion. The communication plans would be helpful for
executing the completion of the project activities. The various communication methods like
reporting, and face to face talk project meetings, would be helpful for executing the project
successfully.
Task 3: Project Management Strategies
3.1 Recommended Project Management Strategies
The aims of First Bank are clearly defining the scope and objectives, enabling improved
service delivery to customers, and increasing the capability of project management methods. The
various project management strategies that can be implied in First Bank are development of
roadmap for EPMO foundation, conducting discovery, and capability improvement. The use of
the communication with the help of stakeholders interview and processes road mapping they can
plan the development of their organization. Moreover, the implication of the effective
completion of the activities of First Bank would support the analysis of the activities. The
capability improvements had supported the alignment of formation of the improvement plans.
The process roadmaps would be helpful for developing the outline for the project execution. The

7PMP ASSIGNMENT
execution of the process implication development would support the analysis of the existing
strategies of First Bank and forming improved activities.
3.2 Highest Priority Project Management Strategy
The stakeholder interview and process road map would be helpful for the Bank for
increasing their service delivery process. The different task administration techniques that can be
suggested in First Bank are advancement of guide for EPMO establishment, directing disclosure,
and ability change. The utilization of the communication with the assistance of partners meeting
and procedures street mapping they can design the advancement of their association. In addition,
the ramifications of the compelling finish of the exercises of First Bank would bolster the
examination of the exercises. The capacity upgrades had bolstered the arrangement of
development of the change designs. The procedure roadmaps would be useful for building up the
framework for the task execution. The execution of the procedure suggestion advancement
would bolster the investigation of the current methodologies of First Bank and framing enhanced
exercises.
3.3 Measuring Project Management Strategies
The effectiveness of the project management strategies can be evaluated based on the
increase in the number of customers in the organization. The evaluation of the effective
strategies for the project execution would also support the deployment of the improved activity
execution. The increment of the activities would support the utilization of the operations favoring
the implication model. The analysis would allow the utilization of the activities favoring the
analysis of the process development model. The use of the communication with the help of
stakeholders interview and processes road mapping they can plan the development of their

8PMP ASSIGNMENT
organization. The capability improvements had supported the alignment of formation of the
improvement plans. The process roadmaps would be helpful for developing the outline for the
project execution. The execution of the process implication development would support the
analysis of the existing strategies of First Bank and forming improved activities.
Task 4: Project Management Success at IBM
Implement and Evaluate Project Outcomes
IBM has implemented the completion of the effective utilization of the project success
and development for their employees. The training programs would be helpful for aligning the
execution of the improved operations. Project success evaluation can be evaluated based on the
factors of Convenient Access, Cost Control, Change, Excellence, Project Management and
PMP Certification. The completion and achievement of all these factors can represent the
successful completion of the organizational activity and evaluate the outcomes of the
organizational activity. The alignment of the effective organizational activity completion had
formed the significant impact on the effective project management models. The use of project
management plan had been helpful for carrying out the execution of the improved organizational
activity completion. The PMP certification organizational activity has remote based operations
and the completion of the organizational activity would require the effective project management
between the organizational activity team members. The deployment of the effective
organizational activity completion would form the deployment of the effective organizational
activity management model. The use of project management plan had been helpful for carrying
out the execution of the improved organizational activity completion. The project management
plans had supported the execution the completion of the organizational activity. The use of the

9PMP ASSIGNMENT
successive organizational activity project management would be supported for listing the
utilization of the improved Enterprise Environmental Factors. The utilization of the progressive
task project management would be supported for posting the usage of the enhanced
organizational activity project management procedures. The project management network would
be strong for building up the execution of the undertaking culmination. The aims of IBM are
clearly defining the scope and objectives, enabling improved service delivery to customers, and
increasing the capability of organizational activity management methods. The various
organizational activity management strategies that can be implied in IBM are development of
roadmap for EPMO foundation, conducting discovery, and capability improvement. The
different task administration techniques that can be suggested in IBM are advancement of guide
for EPMO establishment, directing disclosure, and ability change. The utilization of the project
management with the assistance of partners meeting and procedures street mapping they can
design the advancement of their association. The process roadmaps would be helpful for
developing the outline for the organizational activity execution. The execution of the process
implication development would support the analysis of the existing strategies of IBM and
forming improved activity.

10PMP ASSIGNMENT
Bibliography
Binder, J., 2016. Global project management: communication, collaboration and management
across borders. Routledge.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management.
Project Management Institute.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach.
Routledge.
Kerzner, H., 2018. Project management best practices: Achieving global excellence. John Wiley
& Sons.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Verzuh, E., 2015. The fast forward MBA in project management. John Wiley & Sons.
Walker, A., 2015. Project management in construction. John Wiley & Sons.