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All of the following questions relate to the 12-variable network shown below. The activity names are shown in circles, and all the relationships are finish-to-start. Activities 1 and 12 are dummy activities with 0 duration and 0 cost. Note that this is not an Activity on Arrow method, but simply a different notation. Below is a Gannt chart of the execution of the above network with actual costs (note that this is not the baseline schedule but the actual execution chart). Please answer/do the following: a) Develop the baseline schedule using MS project in the Gannt chart format. b) Develop the S-curve based on the original budget. c) Calculate the Earned Value analysis parameters (BCWS, BCWP, ACWP, SV, CV, SPI, CPI, % Completion, and EAC) for each time unit. Please assume linear distribution of cost over the activity durations. d) Add BCWP and ACWP curves on your baseline S-curve, and graphically show SV and CV for the 10th time period. e) Briefly discuss your assessment of viability of using Earned Value Management in real life projects. Document Preview:

PMN601 – Assignment 2 1. All of the following questions relate to the 12-variable network shown below. The activity names are shown in circles, and all the relationships are finish-to-start. Activities 1 and 12 are dummy activities with 0 duration and 0 cost. Note that this is not an Activity on Arrow method, but simply a different notation. Below is a Gannt chart of the execution of the above network with actual costs (note that this is not the baseline schedule but the actual execution chart).Please answer/do the following: a) Develop the baseline schedule using MS project in the Gannt chart format. b) Develop the S-curve based on the original budget. c) Calculate the Earned Value analysis parameters (BCWS, BCWP, ACWP, SV, CV, SPI, CPI, % Completion, and EAC) for each time unit. Please assume linear distribution of cost over the activity durations. d) Add BCWP and ACWP curves on your baseline S-curve, and graphically show SV and CV for the th10 time period. e) Briefly discuss your assessment of viability of using Earned Value Management in real life projects.

Attachments:

PMN601-Assign….pdf