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Earned value project management : Assignment

   

Added on  2021-04-21

10 Pages1828 Words33 Views
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Running head: PROJECT MANAGEMENT Project ManagementName of the StudentName of the UniversityAuthor’s Note
Earned value project management : Assignment_1

PROJECT MANAGEMENT1Table of ContentsQuestion 1........................................................................................................................................2Question 1(a) - Project 1..............................................................................................................2Question 1 (b) - Project 2.............................................................................................................3Question 1 (c)..............................................................................................................................5Question 1 (d)..............................................................................................................................8Bibliography..................................................................................................................................10
Earned value project management : Assignment_2

PROJECT MANAGEMENT2Question 1 Question 1(a) - Project 1Given, BAC= $2,100,000.Time= 12 months Planned Value (PV) = $600,000 Actual Cost (AC) = $650,000Percentage of work completed= 26%Solution:I.) Earned Value= Total project budget*% of project completion=$2,100,000*26%=$546,000II) Cost Variance= Earned Value-Actual Cost=546,000-$650,000= - $104,000 (the negative value of cost variance reflects that the project is over-budget)III) Schedule Variance
Earned value project management : Assignment_3

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