In your previous assignment, you used the activity based costing approach to calculate the cost of project activities and work packages. For this assignment, you will use the MS Project file you submitted for your Individual Assignment 5 and a Word document to create a project performance report and answer a few questions for your stakeholders. Your report should include an Executive Summary. Please see below instructions. 1. Switch your MS Project file to the Tracking Gantt view and filter it to show only deliverables and work packages (i.e., Summary Tasks only in MS Project). Apply the Earned Value Table; insert the SPI column next to the SV column, and insert the CPI column next to the CV column. Copy and paste a snapshot of the view to the Word document. Make sure that “Task Zero” (the project name) appears in your snapshot (s). Remember to name appropriately the picture (see APA format for pictures). (4points) 2. Not all your stakeholders are project management experts, so write a report to explain the role of earned value management (EVM) in project performance analysis. In your report, you will interpret the following project performance indicators: earned value (EV), actual cost (AC), schedule variance (SV), schedule performance index (SPI), cost variance (CV), cost performance index (CPI), estimate at completion (EAC), and the variance at completion (VAC). Generic analysis will be considered as irrelevant to the assignment and therefore will receive a zero score. Your analysis MUST be based on the numbers shown in the above snapshot. (6 points) 3. How does a Tracking Gantt chart help communicate project progress? (2points) 4. Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful? (2points) 5. Why is it important for project managers to resist changes to the project baseline? Under what conditions would a project manager make changes to a baseline? When would a project manager not allow changes to a baseline? Support your answers with evidence. (6points) Submit your assignment as a Word document via the appropriate assignment link. I won't suggest a page limit this time; use your judgment to be thorough and be sure to include all the requested information. Use single-spaced, 12-point font. APA format is required for in text citations and your reference pages (double spacing not required). You need a title page for this assignment.
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