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Earned Value Analysis

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You are the project manager for creating a new printer driver. There are four modules in the driver. Each module is to take one day and is budgeted for $1,000 per module. The modules are scheduled to be completed sequentially. Today is the end of day 3 and your senior management has asked for a progress report.

Using the project status chart attached, calculate the values required and provide a verbal interpretation of what the answer means.

Given the previous, how complete is the project? Give three answers based on the three rules presented in the slide below.

See attached file for full problem description.

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Solution Summary

The solution explains the earned value concept in detail with examples and interpretation.

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Please find my response attached.

50/50 Rule: According to this Modules 1 and 2 are 100% complete, while Module 3 is ...

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