Due Date: Sunday by 11:59pm Total Points: 100 Instructions: You are the project manager of a software development project. The team members

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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