Due Date: Sunday by 11:59pm
Total Points: 100
Instructions:
You are the project manager of a software development project. The team members will be
working on five different components. Each of the components is budgeted to be $2,625, and all
components are supposed to be completed in five weeks. Using the status in the following table,
find the following values at the end of week four.
Project Planned End
Date
Planned
Budget
Actual
Amount
Spent by
Week Four
Planned
Completion
by Week
Four
Actual
Completion by
Week Four
Software
Development
Project
End of 5th
week
$13, 125 for
total project or
$2,625 for each
component
$9,000 Four out of
five
components
Three out of five
components
Acronym Term Formula Answer Interpretation
PV
EV
AC
SV
CV
CPI
SPI
BAC
EAC
ETC
VAC
TCPI
PMG640 –
Project Scheduling and Cost Planning
Unit 6 Assignment: EVM
Requirements:
• Use this MS Word file to complete your assignment and submit via Blackboard.
• Save your files using the following filename convention:
o EVM – FirstName_LastName
Be sure to read the criteria, by which your paper/project will be evaluated,
before you write, and again after you write.
Evaluation Rubric for Unit 6: EVM Assignment
CRITERIA Deficient
Needs
Improvement
Proficient
Exemplary
0 – 15 Points 16 – 19 Points 20 – 24 Points 25 Points
EMV Reserve justifications
have no basis based
on estimations but
some justifications
provided.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations and
or PERT. Some of the
estimations
incomplete and
justifications are
partially complete.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations
and or PERT.
Some of the
estimations are
complete and
matches the
justifications.
Justifications for
reserve fund are
based on clear
estimations using
EMV calculations and
or PERT. The
estimations are
complete and
matches the
justifications.
Milestones All activities are
Sequenced using the
predecessors’
column without a
closed network
diagram. At least 1-2
of your tasks
relationships must be
different than Finish
to Start.
All activities are
Sequenced using the
predecessors’ column
without a closed
network diagram. At
least 3 of your tasks
relationships must be
different than Finish to
Start.
All activities are
Sequenced using
the predecessors’
column with a
closed network
diagram. At least 3
of your tasks
relationships must
be different than
Finish to Start.
All activities are
Sequenced using the
predecessors’
column with a closed
network diagram. At
least 4 of your tasks
relationships must be
different than Finish
to Start.
Cost Baseline Cost baseline do not
include at most of
activity cost
estimates and when
added up and does
not equals the cost
baseline.
Cost baseline include
at least 80 percent of
activity cost estimates
and when added up
equals the cost
baseline.
Cost baseline
include all activity
cost estimates and
when added up
equals the cost
baseline.
Cost baseline include
all activity cost
estimates and when
added up equals the
cost baseline and
contingencies.
Summary Budget Summary budget
partially updated to
include cost
baselines estimates.
Summary budget 50 –
70 %l updated to
include cost baselines
estimates.
Summary budget
80 %l updated to
include cost
baselines
estimates.
Summary budget
fully updated to
include cost
baselines estimates.
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