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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
From the data shown below, calculate the earned value of each control account as of 5/30/14. Assume
all control account work is on schedule except as noted below.
Control
Account Scheduled
Start Scheduled
Completio
n Budgeted
Value 1 3/3/2014 6/30/2014 11,500 2
3
4 5/5/2014
5/26/2014
5/12/2014 6/6/2014
6/6/2014
5/30/2014 3,500
1,250
2,450 4/14/2014 7/11/2014 16,800 5 EV Progress Rule
Percent Complete with
Gates (Note 1)
Fixed Formula: 50/50
Fixed Formula: 0/100
Fixed Formula: 30/70
Weighted Milestones
(Note 2) Note (1): Five equally-valued gates have been established in this control account. Two of the five gates
are complete as of 5/30/14. The Control Account Manager estimates that half of the work required for
the third gate has also been completed.
Note 2: Six milestones have been established in this control account with the following values: (1)
milestone 1 – 20%; milestone 2- 15%; milestone 3 – 10%; milestone 4 – 25%; milestone 5 - 15%;
milestone 6 – 15%. Three of the milestones are complete as of 5/30/14.
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