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Project Management Orientation

Before You Start

Do not attempt to start this assignment without learning the concepts and finding out what your mentor has to say.  When you have finished the assignment, you can check your work with the assignment solution.

Note: This case study work is recommended and will deepen your understanding of the course concepts.  However, the case study is not required to pass the final exam or get course credit.


Your Assignment  

As the project manager for the Rest Easy Hotels project, you need to track the performance of the project.  Using earned value calculations, you can determine the health of your project as it relates to cost and schedule.  The budget allocated for this project is $153,520.  The following provides a snapshot view of the current project status.
  
  

Work Unit Planned Value ($K) Planned % Complete Actual % Complete Actual Cost ($K) Earned Value ($K)
Design the course 54.72 100 100 59.6  
Develop the course 76.80 100 70 60  
Pilot the course 22 100 20 2  
Cost to date 153.52 100   121.6  



Your assignment is to answer the following five questions:

  1. For each of the training tasks, find the to-date EV.  Also calculate the project's total EV and AC.  How should these results be interpreted?
  2. Based on their CVs, which of the training tasks have cost more than was planned? 
  3. What percentage of the course development effort remains?  What percentage of the money has been spent?
  4. Is the training project behind schedule?  (Hint: SV)
  5. Based upon the answers to these questions, what action plans could you put in place?
      

Check Your Work  

After you complete this assignment, click Next to compare your work with the assignment solution.

1: Getting Started
2: Define the Project Team
3: Team Management
4: Identify and Validate Requirements
5: Create Decomposition Structures
6: Risk Management
7: Project Estimates
8: Project Schedules
9: Change Management
10: Project Control and Execution
Defining the Project
11: Project Management Review
12: Project Closeout
13: Project Management Tool Suite
14: Self-Assessment and Final Exam
Fast Points
Concepts
Seven Keys
Case Study
WWPMM
Mentor
Check Point
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