Earned Value Problem
Here is an example of a software development project with four phases. Each phase should take one month to complete, and it is estimated that each phase will cost $10,000. The phases are planned to be completed one phase after the other. Today is the end of month three (3). Please calculate EV, CV, SV, CPI, SPI, TCPI, and EAC. Explain what the EAC results mean to you. Please note that EV = %C * PV. EAC is equal to BAC/CPI.
Project Phases
Month 1
Month 2
Month 3
Month 4
Status at the end of Month 3
Requirements Definition
Complete, spent $10,000
Architecture and Design
Complete, spent $12,000
Development and unit testing
50% done, spent $9,000
System testing and Operation
Not yet started
This week's discussion question is a problem. Read the question, calculate the variable requested in the problem, and explain your answers as you post them.
[Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread, then attach a Word version of the paper for APA review.]
Submitting the Initial Posting: Your initial posting should be completed by Thursday, 11:59 p.m. EST.