Use the following information to construct a “Tracking Gantt” chart using MS Project. Activities Dur

Use the following information to construct a “Tracking Gantt” chart using MS Project.

Activities         Duration              Preceding Activities

A                     5 days                                   none

B                     4 days                                   A

C                     3 days                                   A

D                    6 days                                   B, C

E                     4 days                                   B

F                     2 days                                   D, E

Highlight project status on day 14 using the tracking option and assuming that all tasks to date have been completed on time. Print/capture the output file.

Using the information in Problem 1, highlight the project’s status on day 14 but assume that activity D has not yet begun. What would the new tracking Gantt chart show? Print/capture the output file.

Use the following table to calculate project schedule variance based on the units listed. (Figures are in thousands.)

Schedule Variance Work Units

A

B

C

D

E

F

Total

Planned Value

20

15

10

25

20

20

110

Earned Value

10

10

10

20

25

25

Schedule variance

4. Using the data in the table below, complete the table by calculating the cumulative planned and cumulative actual monthly budgets through the end of June. Complete the earned value column on the right. Assume the project is planned for a 12-month duration and $250,000 budget.  

Activity

Jan

Feb

Mar

Apr

May

Jun

Plan

% C

Value

Staffing

8

7

15

100

Blueprinting

4

6

10

100

Prototype  
Development

2

8

10

70

Full Design

3

8

10

21

67

Construction

2

30

32

25

Transfer

10

10

0

Total =

Monthly Plan

Cumulative Plan

Monthly Actual

10

15

6

14

9

40

Cumul. Actual

5. Using the data from Problem 4, calculate the following values:

Schedule Variances

         Planned Value (PV)                                                                  

         Earned Value (EV)                                                                   

         Schedule Performance Index         (SPI)                                      

         Estimated Time to Completion                                                    

Cost Variances

         Actual Cost of Work Performed (AC)                                            

         Earned Value (EV)                                                                   

         Cost Performance Index (CPI)                                                    

         Estimated Cost to Completion                                                    

                           

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