RAMBOTICS Corporation
"New Generation Robot Project"
Projected Baseline Costs
EV Analysis
EV Calculations
EV Cost Parameters
Monthly Data of EV/PV/AC
RAMBOTICS Corporation is working on an exciting new project that is referred to as the "New Generation Robot Project." The project charter has scheduled the project kickoff to be on the 1st of January, 2016. However, this analysis represents an overview of the project's status report after the project has been managed for roughly eight months after fast-forwarding to August 2016.
The project has activities that fall within one of nine different categories (illustrated below). The project works its way through the robot's electronics, components, and software before attempting to design the robots body and finalizing an overall design.
ID
Job Description
Duration
Staff (#)
A Electrical Design
Start
B
Assemble Boards
A
C
Test Boards
B
D
Software Design
Start
E
Programming
D
2
F
Software Testing
E
2
G
Robot Body Design
A
4
H
Robot Construction
G
2
I
Final Assembly
C, F, H
2
Projected Baseline Costs
Task
Task 1
Cost ($)
Cumulative Work (months)
New Generation Robot
Electrical Design
240000
24
Assemble Boards
120000
12
Test Boards
40000
4
Software Design
40000
4
Programming
40000
4
Software Testing
40000
4
Robot Body Design
80000
8
Robot Construction
40000
4
Final Assembly
40000
4
New Generation Robot Project Total
680000
68
Grand Total Budget at Completion (BAC)
$680,000
68
EV Analysis
Task Name
Predecessors
Baseline Work
(Months)
Baseline Duration
(Months)
% Work Complete
Duration
(Months)
Actual Duration
(Months)
Actual Work
(Months)
New Generation Robot Project
68
12
68%
15
8.91
57
Electrical Design
24
4
5
5
30
Assemble Boards
1
12
4
75%
4
3
9
Test Boards
2
4
2
0%
2
0
0
Software Design
4
4
4
4
4
Programming
4
4
2
80%
5
4
8
Software Testing
5
4
2
0%
4
0
0
Robot Body Design
1
8
4
75%
4
3
6
Robot Construction
7
4
2
0%
2
0
0
Final Assembly
3,6,8
4
2
0%
2
0
0
EV Calculations
PV (BCWs)
$586,000
Planned value till End of the 8-month
EV (BCWP)
$462,000
Earned value till end of the period
AC (ACWP)
$570,000
Actual cost of work done till end of the period
SV
($124,000)
Schedule variance (PV- -EV) at end of the period
CV
(108,000)
Cost variance (EV -AC) at end of the period
BAC
$680,000
Budgeted Cost
EAC
$838,961
Estimated cost based on present progress and cost variance
CPI
0.81
Cost performance index (EV/AC)
SPI
0.79
Schedule Performance index (EV/PV)
EV Cost Parameters
Task Name
BAC
ACWP
BCWP
Cost diff
BCWS
SV
EAC
New Generation Robot Project
$680,000
$570,000
$462,000
$160,000
$586,000
($124,000)
$838,961
Electrical Design
$240,000
$300,000
$240,000
$60,000
$240,000
($0)
$300,000
Assemble Boards
$120,000
$90,000
$90,000
$0
$120,000
($30,000)
$120,000
Test Boards
$40,000
$0
$0
$0
$13,000
($13,000)
$40,000
Software Design
$40,000
$40,000
$40,000
$0
$40,000
$0
$40,000
Programming
$40,000
$80,000
$32,000
$60,000
$40,000
($8,000)
$100,000
Software Testing
$40,000
$0
$0
$40,000
$40,000
($40,000)
$80,000
Robot Body Design
$80,000
$60,000
$60,000
$0
$80,000
($20,000)
$80,000
Robot Construction
$40,000
$0
$0
$0
$13,000
($13,000)
$40,000
Final Assembly
$40,000
$0
$0
$0
$0
$0
$40,000
Monthly Data of EV/PV/AC
Year 2016
Earned Value ($)
Planned Value ($)
AC ($)
Cumulative Cost ($)
January
60900
73500
73500
73500
February
121800
147000
147000
147000
March
188500
227500
227500
227500
April
248800
301000
304000
304000
May
311200
378000
388000
388000
June
375000
455000
465000
465000
July
435900
528500
538500
538500
August
462000
586000
570000
619000
Total
462000
586000
570000
840000
Conclusion
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