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EARNED VALUE MANAGEMENT REVIEW EXERCISE …

1 EARNED VALUE MANAGEMENT REVIEW EXERCISE solved DESCRIPTION This document summarizes the answers to the EXERCISE so that students can evaluate their work by comparing their answers to the ones in this document. QUESTIONS AND ANSWERS In order to do an EV analysis, we need to determine the project status at the end of the second trimester: PV = $2,360,000 AC = $2,285,000 EV = $2,340,000 1. How likely is it that the project will finish on time? In order to evaluate the project schedule performance we can calculate the SV: SV = EV PV = $2,340,000 $2,360,000 = -$20,000, which reflects that the project is delayed.

1 EARNED VALUE MANAGEMENT REVIEW EXERCISE SOLVED DESCRIPTION This document summarizes the answers to the exercise so that students can evaluate

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