{"id":1015,"date":"2025-01-03T00:08:09","date_gmt":"2025-01-03T00:08:09","guid":{"rendered":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/?post_type=chapter&p=1015"},"modified":"2025-01-06T02:53:58","modified_gmt":"2025-01-06T02:53:58","slug":"11-8-exercises","status":"publish","type":"chapter","link":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/chapter\/11-8-exercises\/","title":{"rendered":"11.8 Exercises"},"content":{"raw":"
\r\n

Exercise 1: Monitoring Progress through EVM<\/strong><\/h2>\r\n<\/header>\r\n
\r\n
ABC Corporation plans to develop a mobile application to enhance customer engagement and streamline its services.<\/div>\r\n<\/div>\r\n
<\/div>\r\n
\r\n
WBS Activities:<\/strong><\/div>\r\n
\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
WBS Code<\/td>\r\nActivity<\/td>\r\nPlanned Duration (Days)<\/td>\r\nPredecessors<\/td>\r\nPlanned Cost ($)<\/td>\r\n<\/tr>\r\n
1<\/td>\r\nProject Initiation<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
1.1<\/td>\r\nRequirements Gathering<\/td>\r\n5<\/td>\r\n<\/td>\r\n5000<\/td>\r\n<\/tr>\r\n
1.2<\/td>\r\nFeasibility Analysis<\/td>\r\n3<\/td>\r\n1.1<\/td>\r\n3000<\/td>\r\n<\/tr>\r\n
2<\/td>\r\nDesign Phase<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
2.1<\/td>\r\nUI\/UX Design<\/td>\r\n7<\/td>\r\n1.2<\/td>\r\n7000<\/td>\r\n<\/tr>\r\n
2.2<\/td>\r\nArchitectural Design<\/td>\r\n5<\/td>\r\n1.2<\/td>\r\n5000<\/td>\r\n<\/tr>\r\n
3<\/td>\r\nDevelopment Phase<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
3.1<\/td>\r\nFront-end Development<\/td>\r\n10<\/td>\r\n2.1<\/td>\r\n10000<\/td>\r\n<\/tr>\r\n
3.2<\/td>\r\nBack-end Development<\/td>\r\n12<\/td>\r\n2.2<\/td>\r\n12000<\/td>\r\n<\/tr>\r\n
3.3<\/td>\r\nDatabase Integration<\/td>\r\n5<\/td>\r\n3.2<\/td>\r\n5000<\/td>\r\n<\/tr>\r\n
4<\/td>\r\nTesting Phase<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
4.1<\/td>\r\nFunctional Testing<\/td>\r\n7<\/td>\r\n3.1, 3.2, 3.3<\/td>\r\n7000<\/td>\r\n<\/tr>\r\n
4.2<\/td>\r\nUser Acceptance Testing (UAT)<\/td>\r\n5<\/td>\r\n4.1<\/td>\r\n5000<\/td>\r\n<\/tr>\r\n
5<\/td>\r\nDeployment and Closure<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/td>\r\n<\/tr>\r\n
5.1<\/td>\r\nDeployment<\/td>\r\n3<\/td>\r\n4.2<\/td>\r\n3000<\/td>\r\n<\/tr>\r\n
5.2<\/td>\r\nProject Closure<\/td>\r\n2<\/td>\r\n5.1<\/td>\r\n2000<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\nScenario with Additional Payments and Delays:<\/strong>\r\n\r\n<\/div>\r\n
As the project progresses, unforeseen challenges arise:<\/div>\r\n
    \r\n \t
  1. Activity 2.1 (UI\/UX Design):<\/strong>\r\n
      \r\n \t
    • Delayed by 3 days due to additional client revisions.<\/li>\r\n \t
    • The cost increased by $2,000 for extra design work.<\/li>\r\n<\/ul>\r\n<\/li>\r\n \t
    • Activity 3.2 (Back-end Development):<\/strong>\r\n
        \r\n \t
      • Delayed by 5 days due to technical complexities.<\/li>\r\n \t
      • The cost increased by $3,000 for specialized resources.<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ol>\r\n

        Questions:<\/strong><\/span><\/h3>\r\n
        1. What are the schedule and cost baselines?<\/div>\r\n
          \r\n \t
        • To calculate the schedule baseline, draw an activity network diagram, implement forward and backward passes, and assign values to each node (ES, EF, LS, LF, Duration, Slack).<\/li>\r\n<\/ul>\r\n
          2. What will the SPI and CPI be when activity 2.1 is completed with a delay and overpayment?<\/div>\r\n
            \r\n \t
          • Calculate the new project duration due to the delay. You should calculate it using your activity network diagram.<\/li>\r\n \t
          • Calculate PV, EV, and AC.<\/li>\r\n \t
          • Calculate SPI and CPI, and interpret them.<\/li>\r\n \t
          • Calculate EAC and VAC, and interpret VAC.<\/li>\r\n \t
          • Calculate the new estimated project duration based on the SPI if it remains the same throughout the project.<\/li>\r\n<\/ul>\r\n
            3. What will the SPI and CPI be when activity 3.2 is completed with a delay and overpayment? Include the delay and overpayment in 2.1.<\/div>\r\n
              \r\n \t
            • Calculate the new project duration due to the delay. You should calculate it using your activity network diagram.<\/li>\r\n \t
            • Calculate PV, EV, and AC.<\/li>\r\n \t
            • Calculate SPI and CPI, and interpret them.<\/li>\r\n \t
            • Calculate EAC and VAC, and interpret VAC.<\/li>\r\n \t
            • Calculate the new estimated project duration based on the SPI if it remains the same throughout the project.<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n \r\n
              \r\n

              Exercise 2: EVM on Microsoft Project<\/strong><\/h2>\r\n<\/header>\r\n
              \r\n\r\nActivities with their durations, predecessors, and resources are provided for a fictional project in Table 1 below.\r\n\r\nTable 1: Activities\r\n
              \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
              Activity<\/strong><\/td>\r\nDuration<\/strong><\/td>\r\nPredecessors<\/strong><\/td>\r\nResources<\/strong><\/td>\r\n<\/tr>\r\n
              A<\/td>\r\n3 days<\/td>\r\n-<\/td>\r\nHR1,HR2<\/td>\r\n<\/tr>\r\n
              B<\/td>\r\n4 days<\/td>\r\n-<\/td>\r\nHR3,HR4<\/td>\r\n<\/tr>\r\n
              C<\/td>\r\n6 days<\/td>\r\nA, B<\/td>\r\nE1,HR1,M1 (50 units)<\/td>\r\n<\/tr>\r\n
              D<\/td>\r\n10 days<\/td>\r\nC<\/td>\r\nE2,HR2,M2 (35 units)<\/td>\r\n<\/tr>\r\n
              E<\/td>\r\n2 days<\/td>\r\nD<\/td>\r\nHR3,HR4,M3 (75 units)<\/td>\r\n<\/tr>\r\n
              F<\/td>\r\n6 days<\/td>\r\nD, E<\/td>\r\nHR1,HR3,M1 (10 units)<\/td>\r\n<\/tr>\r\n
              G<\/td>\r\n5 days<\/td>\r\nE<\/td>\r\nHR2,HR4,M2 (25 units)<\/td>\r\n<\/tr>\r\n
              H<\/td>\r\n5 days<\/td>\r\nF, G<\/td>\r\nE1,HR4<\/td>\r\n<\/tr>\r\n
              I<\/td>\r\n7 days<\/td>\r\nH<\/td>\r\nE2,HR2<\/td>\r\n<\/tr>\r\n
              J<\/td>\r\n2 days<\/td>\r\nI<\/td>\r\nHR1,HR4,M3 (50 units)<\/td>\r\n<\/tr>\r\n
              K<\/td>\r\n5 days<\/td>\r\nI<\/td>\r\nE1,HR2,HR3,M1 (15 units)<\/td>\r\n<\/tr>\r\n
              L<\/td>\r\n1 day<\/td>\r\nJ, K<\/td>\r\nHR1,HR2,HR3,HR4<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\nHR: Human Resource\r\n\r\nM: Material\r\n\r\nE: Equipment\r\n\r\nInformation regarding the resources allocated in this project is provided in Table 2.\r\n\r\nTable 2: Resources\r\n
              \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
              Resource Name<\/strong><\/td>\r\nType<\/strong><\/td>\r\nMax. Units<\/strong><\/td>\r\nStd. Rate<\/strong><\/td>\r\nOvt. Rate<\/strong><\/td>\r\n<\/tr>\r\n
              HR1<\/td>\r\nWork<\/td>\r\n100%<\/td>\r\n$47.00\/hr<\/td>\r\n$0.00\/hr<\/td>\r\n<\/tr>\r\n
              HR2<\/td>\r\nWork<\/td>\r\n100%<\/td>\r\n$32.00\/hr<\/td>\r\n$0.00\/hr<\/td>\r\n<\/tr>\r\n
              HR3<\/td>\r\nWork<\/td>\r\n100%<\/td>\r\n$28.00\/hr<\/td>\r\n$0.00\/hr<\/td>\r\n<\/tr>\r\n
              HR4<\/td>\r\nWork<\/td>\r\n100%<\/td>\r\n$44.00\/hr<\/td>\r\n$0.00\/hr<\/td>\r\n<\/tr>\r\n
              M1<\/td>\r\nMaterial<\/td>\r\n-<\/td>\r\n$12.50<\/td>\r\n-<\/td>\r\n<\/tr>\r\n
              M2<\/td>\r\nMaterial<\/td>\r\n-<\/td>\r\n$17.50<\/td>\r\n-<\/td>\r\n<\/tr>\r\n
              M3<\/td>\r\nMaterial<\/td>\r\n-<\/td>\r\n$25.00<\/td>\r\n-<\/td>\r\n<\/tr>\r\n
              E1<\/td>\r\nWork<\/td>\r\n100%<\/td>\r\n$75.00\/hr<\/td>\r\n$0.00\/hr<\/td>\r\n<\/tr>\r\n
              E2<\/td>\r\nWork<\/td>\r\n100%<\/td>\r\n$125.00\/hr<\/td>\r\n$0.00\/hr<\/td>\r\n<\/tr>\r\n
              HR5<\/td>\r\nWork<\/td>\r\n100%<\/td>\r\n$55.00\/hr<\/td>\r\n$0.00\/hr<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\nPeople and equipment work on a full-time basis. Therefore, their maximum units are indicated as 100%. None of them works overtime.\r\n

              Tasks and Questions<\/strong><\/h3>\r\nFollow the steps below.\r\n
                \r\n \t
              1. Save a blank MS Project file.<\/li>\r\n \t
              2. Create a project summary task, and type \"Project.\"<\/li>\r\n \t
              3. Check the options for critical tasks and slack.<\/li>\r\n \t
              4. Add a \u201cWBS\u201d column to the left of the \u201cTask Name\u201d column. All the activities are on the same level. Therefore, you will not indent or outdent any of the activities.<\/li>\r\n \t
              5. Add a \u201cCost\u201d column to the right of the \u201cResource Names\u201d column.<\/li>\r\n \t
              6. Type activity (task) names and their durations, as shown in Table 1.<\/li>\r\n \t
              7. Check predecessors for all the activities as shown in Table 1. All the dependencies are Finish-to-Start.<\/li>\r\n \t
              8. Move the project\u2019s start date to \u201cMon, 5\/6\/2024\u201d.<\/li>\r\n \t
              9. On the \u201cResource Sheet\u201d, fill out all the relevant fields as shown in Table 2.<\/li>\r\n \t
              10. Check resources as shown in Table 1. Don\u2019t forget to change the unit number of materials.<\/li>\r\n \t
              11. Set the baseline and select the \u201cTracking Gantt\u201d view.<\/li>\r\n \t
              12. Let\u2019s assume that some time has passed, and we are on Thursday, June 13, 2024. Change the current date and status date.<\/li>\r\n \t
              13. We had to spend more money on some of the activities.\r\n
                  \r\n \t
                1. HR5 was assigned to Activity B. HR5 worked part-time in this activity.<\/li>\r\n \t
                2. We needed to purchase 25 additional units of M2 in Activity D.<\/li>\r\n \t
                3. We needed to purchase 45 additional units of M3 in Activity E.<\/li>\r\n<\/ol>\r\n<\/li>\r\n \t
                4. We have made progress in some of the activities. We completed A, B, C, D, and E. We could finish 50% of F and 75% of G.<\/li>\r\n \t
                5. In the View tab, click Tables and select More Tables. In the new menu window, choose Earned Value.<\/li>\r\n \t
                6. In the new table, insert SPI as a new column to the right of the existing \u201cSV\u201d column.<\/li>\r\n \t
                7. In the new table, insert CPI as a new column to the right of the existing \u201cCV\u201d column.<\/li>\r\n \t
                8. Interpret SPI, CPI, and VAC values.\r\n
                    \r\n \t
                  • Explain why SPI is smaller or bigger than 1.<\/li>\r\n \t
                  • Explain why CPI is smaller or bigger than 1.<\/li>\r\n \t
                  • Explain what VAC indicates.<\/li>\r\n<\/ul>\r\n<\/li>\r\n \t
                  • If the SPI remains the same during the rest of the project, how much delay may be expected?\r\n
                      \r\n \t
                    • Show the calculation.<\/li>\r\n<\/ul>\r\n<\/li>\r\n \t
                    • If the CPI remains the same during the rest of the project, how much money may we spend more over our cost baseline?\r\n
                        \r\n \t
                      • Explain how it is related to VAC.<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ol>\r\n<\/div>\r\n<\/div>","rendered":"
                        \n
                        \n

                        Exercise 1: Monitoring Progress through EVM<\/strong><\/h2>\n<\/header>\n
                        \n
                        ABC Corporation plans to develop a mobile application to enhance customer engagement and streamline its services.<\/div>\n<\/div>\n
                        <\/div>\n
                        \n
                        WBS Activities:<\/strong><\/div>\n
                        \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                        WBS Code<\/td>\nActivity<\/td>\nPlanned Duration (Days)<\/td>\nPredecessors<\/td>\nPlanned Cost ($)<\/td>\n<\/tr>\n
                        1<\/td>\nProject Initiation<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                        1.1<\/td>\nRequirements Gathering<\/td>\n5<\/td>\n<\/td>\n5000<\/td>\n<\/tr>\n
                        1.2<\/td>\nFeasibility Analysis<\/td>\n3<\/td>\n1.1<\/td>\n3000<\/td>\n<\/tr>\n
                        2<\/td>\nDesign Phase<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                        2.1<\/td>\nUI\/UX Design<\/td>\n7<\/td>\n1.2<\/td>\n7000<\/td>\n<\/tr>\n
                        2.2<\/td>\nArchitectural Design<\/td>\n5<\/td>\n1.2<\/td>\n5000<\/td>\n<\/tr>\n
                        3<\/td>\nDevelopment Phase<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                        3.1<\/td>\nFront-end Development<\/td>\n10<\/td>\n2.1<\/td>\n10000<\/td>\n<\/tr>\n
                        3.2<\/td>\nBack-end Development<\/td>\n12<\/td>\n2.2<\/td>\n12000<\/td>\n<\/tr>\n
                        3.3<\/td>\nDatabase Integration<\/td>\n5<\/td>\n3.2<\/td>\n5000<\/td>\n<\/tr>\n
                        4<\/td>\nTesting Phase<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                        4.1<\/td>\nFunctional Testing<\/td>\n7<\/td>\n3.1, 3.2, 3.3<\/td>\n7000<\/td>\n<\/tr>\n
                        4.2<\/td>\nUser Acceptance Testing (UAT)<\/td>\n5<\/td>\n4.1<\/td>\n5000<\/td>\n<\/tr>\n
                        5<\/td>\nDeployment and Closure<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                        5.1<\/td>\nDeployment<\/td>\n3<\/td>\n4.2<\/td>\n3000<\/td>\n<\/tr>\n
                        5.2<\/td>\nProject Closure<\/td>\n2<\/td>\n5.1<\/td>\n2000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                        Scenario with Additional Payments and Delays:<\/strong><\/p>\n<\/div>\n

                        As the project progresses, unforeseen challenges arise:<\/div>\n
                          \n
                        1. Activity 2.1 (UI\/UX Design):<\/strong>\n
                            \n
                          • Delayed by 3 days due to additional client revisions.<\/li>\n
                          • The cost increased by $2,000 for extra design work.<\/li>\n<\/ul>\n<\/li>\n
                          • Activity 3.2 (Back-end Development):<\/strong>\n
                              \n
                            • Delayed by 5 days due to technical complexities.<\/li>\n
                            • The cost increased by $3,000 for specialized resources.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n

                              Questions:<\/strong><\/h3>\n
                              1. What are the schedule and cost baselines?<\/div>\n
                                \n
                              • To calculate the schedule baseline, draw an activity network diagram, implement forward and backward passes, and assign values to each node (ES, EF, LS, LF, Duration, Slack).<\/li>\n<\/ul>\n
                                2. What will the SPI and CPI be when activity 2.1 is completed with a delay and overpayment?<\/div>\n
                                  \n
                                • Calculate the new project duration due to the delay. You should calculate it using your activity network diagram.<\/li>\n
                                • Calculate PV, EV, and AC.<\/li>\n
                                • Calculate SPI and CPI, and interpret them.<\/li>\n
                                • Calculate EAC and VAC, and interpret VAC.<\/li>\n
                                • Calculate the new estimated project duration based on the SPI if it remains the same throughout the project.<\/li>\n<\/ul>\n
                                  3. What will the SPI and CPI be when activity 3.2 is completed with a delay and overpayment? Include the delay and overpayment in 2.1.<\/div>\n
                                    \n
                                  • Calculate the new project duration due to the delay. You should calculate it using your activity network diagram.<\/li>\n
                                  • Calculate PV, EV, and AC.<\/li>\n
                                  • Calculate SPI and CPI, and interpret them.<\/li>\n
                                  • Calculate EAC and VAC, and interpret VAC.<\/li>\n
                                  • Calculate the new estimated project duration based on the SPI if it remains the same throughout the project.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n

                                     <\/p>\n

                                    \n
                                    \n

                                    Exercise 2: EVM on Microsoft Project<\/strong><\/h2>\n<\/header>\n
                                    \n

                                    Activities with their durations, predecessors, and resources are provided for a fictional project in Table 1 below.<\/p>\n

                                    Table 1: Activities<\/p>\n

                                    \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                    Activity<\/strong><\/td>\nDuration<\/strong><\/td>\nPredecessors<\/strong><\/td>\nResources<\/strong><\/td>\n<\/tr>\n
                                    A<\/td>\n3 days<\/td>\n–<\/td>\nHR1,HR2<\/td>\n<\/tr>\n
                                    B<\/td>\n4 days<\/td>\n–<\/td>\nHR3,HR4<\/td>\n<\/tr>\n
                                    C<\/td>\n6 days<\/td>\nA, B<\/td>\nE1,HR1,M1 (50 units)<\/td>\n<\/tr>\n
                                    D<\/td>\n10 days<\/td>\nC<\/td>\nE2,HR2,M2 (35 units)<\/td>\n<\/tr>\n
                                    E<\/td>\n2 days<\/td>\nD<\/td>\nHR3,HR4,M3 (75 units)<\/td>\n<\/tr>\n
                                    F<\/td>\n6 days<\/td>\nD, E<\/td>\nHR1,HR3,M1 (10 units)<\/td>\n<\/tr>\n
                                    G<\/td>\n5 days<\/td>\nE<\/td>\nHR2,HR4,M2 (25 units)<\/td>\n<\/tr>\n
                                    H<\/td>\n5 days<\/td>\nF, G<\/td>\nE1,HR4<\/td>\n<\/tr>\n
                                    I<\/td>\n7 days<\/td>\nH<\/td>\nE2,HR2<\/td>\n<\/tr>\n
                                    J<\/td>\n2 days<\/td>\nI<\/td>\nHR1,HR4,M3 (50 units)<\/td>\n<\/tr>\n
                                    K<\/td>\n5 days<\/td>\nI<\/td>\nE1,HR2,HR3,M1 (15 units)<\/td>\n<\/tr>\n
                                    L<\/td>\n1 day<\/td>\nJ, K<\/td>\nHR1,HR2,HR3,HR4<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                                    HR: Human Resource<\/p>\n

                                    M: Material<\/p>\n

                                    E: Equipment<\/p>\n

                                    Information regarding the resources allocated in this project is provided in Table 2.<\/p>\n

                                    Table 2: Resources<\/p>\n

                                    \n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                    Resource Name<\/strong><\/td>\nType<\/strong><\/td>\nMax. Units<\/strong><\/td>\nStd. Rate<\/strong><\/td>\nOvt. Rate<\/strong><\/td>\n<\/tr>\n
                                    HR1<\/td>\nWork<\/td>\n100%<\/td>\n$47.00\/hr<\/td>\n$0.00\/hr<\/td>\n<\/tr>\n
                                    HR2<\/td>\nWork<\/td>\n100%<\/td>\n$32.00\/hr<\/td>\n$0.00\/hr<\/td>\n<\/tr>\n
                                    HR3<\/td>\nWork<\/td>\n100%<\/td>\n$28.00\/hr<\/td>\n$0.00\/hr<\/td>\n<\/tr>\n
                                    HR4<\/td>\nWork<\/td>\n100%<\/td>\n$44.00\/hr<\/td>\n$0.00\/hr<\/td>\n<\/tr>\n
                                    M1<\/td>\nMaterial<\/td>\n–<\/td>\n$12.50<\/td>\n–<\/td>\n<\/tr>\n
                                    M2<\/td>\nMaterial<\/td>\n–<\/td>\n$17.50<\/td>\n–<\/td>\n<\/tr>\n
                                    M3<\/td>\nMaterial<\/td>\n–<\/td>\n$25.00<\/td>\n–<\/td>\n<\/tr>\n
                                    E1<\/td>\nWork<\/td>\n100%<\/td>\n$75.00\/hr<\/td>\n$0.00\/hr<\/td>\n<\/tr>\n
                                    E2<\/td>\nWork<\/td>\n100%<\/td>\n$125.00\/hr<\/td>\n$0.00\/hr<\/td>\n<\/tr>\n
                                    HR5<\/td>\nWork<\/td>\n100%<\/td>\n$55.00\/hr<\/td>\n$0.00\/hr<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

                                    People and equipment work on a full-time basis. Therefore, their maximum units are indicated as 100%. None of them works overtime.<\/p>\n

                                    Tasks and Questions<\/strong><\/h3>\n

                                    Follow the steps below.<\/p>\n

                                      \n
                                    1. Save a blank MS Project file.<\/li>\n
                                    2. Create a project summary task, and type “Project.”<\/li>\n
                                    3. Check the options for critical tasks and slack.<\/li>\n
                                    4. Add a \u201cWBS\u201d column to the left of the \u201cTask Name\u201d column. All the activities are on the same level. Therefore, you will not indent or outdent any of the activities.<\/li>\n
                                    5. Add a \u201cCost\u201d column to the right of the \u201cResource Names\u201d column.<\/li>\n
                                    6. Type activity (task) names and their durations, as shown in Table 1.<\/li>\n
                                    7. Check predecessors for all the activities as shown in Table 1. All the dependencies are Finish-to-Start.<\/li>\n
                                    8. Move the project\u2019s start date to \u201cMon, 5\/6\/2024\u201d.<\/li>\n
                                    9. On the \u201cResource Sheet\u201d, fill out all the relevant fields as shown in Table 2.<\/li>\n
                                    10. Check resources as shown in Table 1. Don\u2019t forget to change the unit number of materials.<\/li>\n
                                    11. Set the baseline and select the \u201cTracking Gantt\u201d view.<\/li>\n
                                    12. Let\u2019s assume that some time has passed, and we are on Thursday, June 13, 2024. Change the current date and status date.<\/li>\n
                                    13. We had to spend more money on some of the activities.\n
                                        \n
                                      1. HR5 was assigned to Activity B. HR5 worked part-time in this activity.<\/li>\n
                                      2. We needed to purchase 25 additional units of M2 in Activity D.<\/li>\n
                                      3. We needed to purchase 45 additional units of M3 in Activity E.<\/li>\n<\/ol>\n<\/li>\n
                                      4. We have made progress in some of the activities. We completed A, B, C, D, and E. We could finish 50% of F and 75% of G.<\/li>\n
                                      5. In the View tab, click Tables and select More Tables. In the new menu window, choose Earned Value.<\/li>\n
                                      6. In the new table, insert SPI as a new column to the right of the existing \u201cSV\u201d column.<\/li>\n
                                      7. In the new table, insert CPI as a new column to the right of the existing \u201cCV\u201d column.<\/li>\n
                                      8. Interpret SPI, CPI, and VAC values.\n
                                          \n
                                        • Explain why SPI is smaller or bigger than 1.<\/li>\n
                                        • Explain why CPI is smaller or bigger than 1.<\/li>\n
                                        • Explain what VAC indicates.<\/li>\n<\/ul>\n<\/li>\n
                                        • If the SPI remains the same during the rest of the project, how much delay may be expected?\n
                                            \n
                                          • Show the calculation.<\/li>\n<\/ul>\n<\/li>\n
                                          • If the CPI remains the same during the rest of the project, how much money may we spend more over our cost baseline?\n
                                              \n
                                            • Explain how it is related to VAC.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<\/div>\n<\/div>\n","protected":false},"author":256,"menu_order":9,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-1015","chapter","type-chapter","status-publish","hentry"],"part":325,"_links":{"self":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/pressbooks\/v2\/chapters\/1015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/wp\/v2\/users\/256"}],"version-history":[{"count":9,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/pressbooks\/v2\/chapters\/1015\/revisions"}],"predecessor-version":[{"id":1137,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/pressbooks\/v2\/chapters\/1015\/revisions\/1137"}],"part":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/pressbooks\/v2\/parts\/325"}],"metadata":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/pressbooks\/v2\/chapters\/1015\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/wp\/v2\/media?parent=1015"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/pressbooks\/v2\/chapter-type?post=1015"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/wp\/v2\/contributor?post=1015"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/projectmanagement2ndedition\/wp-json\/wp\/v2\/license?post=1015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}