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A rubric for chapter 10 of csse 372, focusing on progress reporting and earned value analysis. It includes sections on the importance of progress reporting, methods for answering 'have we done what we said we’d do?', types of progress reports, and an explanation of earned value analysis. Key concepts include percent complete, budget spent, work done, time elapsed, standard s-curve, planned cost, cost incurred, planned value, earned value, variance, schedule performance index, and cost performance index.
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Progress reporting I. Why do we need to monitor progress?
a. __70% of projects are over budget or behind schedule
b. _52% of projects finish at ___ 189% of their initial budget
c. Average of ____ 16% of SW projects finish on-time and budget
II. How to answer, “Have we done what we said we’d do?”
a. % complete _ estimating
b. % of _ budget spent
c. % of work done
d. % of time elapsed
e. Bad for the following reasons:
i. Subjective/incomplete
ii. Draws false conclusions
III. Types of progress reporting
a. Current period reports
b. Cumulative reports
c. Exception reports
d. Stoplight reports
e. Variance reports i. Numerical
ii. Graphical
f. Milestone trend charts
g. EVA
IV. Earned value analysis (EVA)
a. Standard s-curve
b. BCWS: Planned cost of the total amount of work scheduled to be performed by the milestone date
i. Author calls this PV
c. ACWP: Cost incurred to accomplish the work that has been done to date.
i. Author calls this AC
d. BCWP : The planned (not actual) cost to complete the work that has been done
i. Author calls this EV
e. Variance
i. Positive
ii. Negative
iii. Cost
iv. Schedule
f. SPI i. Calculated: BCWP/ BCWS
g. CPI i. Calculated: BCWP/ ACWP