QSO 420 Milestone Two Guidelines and Rubric Overview This assignment is the next step in the analysis of the company for your final project.
Directions For this milestone, you will calculate cost variance (CV), schedule variance (SV), cost performance index (CPI), and schedule performance index (SPI). Then you will analyze the CPI and explain its implications for the case study.
Specifically, you must address the following rubric criteria:
Earned Value Management Calculations Demonstrate how earned value (EV), planned value (PV), and actual cost (AC) are used to calculate the following EVM measures: cost variance (CV), cost performance index (CPI), schedule variance (SV), schedule performance index (SPI), estimate to complete (ETC), estimate at completion (EAC), and variance at completion (VAC). Employ EVM equations to calculate the EVM measures (CV, SV, CPI, SPI) for the project in the case study. Explain the implications for the project in the case study when CPI is greater than or equal to 1.0, CPI is less than 1.0, SPI is greater than or equal to 1.0, and SPI is less than 1.0. What to Submit Submit your milestone as a 2- to 3-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style.
AI Usage If you use gen AI tools to support your work on this assignment, be sure to follow these AI usage guidelines. You must acknowledge your use of these tools in your work. Guidelines on how to cite AI tools can be found in this Shapiro Library guide.
Milestone Two Rubric CriteriaExceeds ExpectationsMeets ExpectationsPartially Meets ExpectationsDoes Not Meet ExpectationsValueCalculations: EVM MeasuresExceeds expectations and articulation is exceptionally clear and logical (100%)Accurately demonstrates how elements are used to calculate EVM measures (85%)Demonstrates how elements are used to calculate EVM measures, but with gaps in accuracy (55%)Does not demonstrate how elements are used to calculate EVM measures (0%)30Calculations: EquationsN/AAccurately employs EVM equations to calculate EVM measures for project in case study (100%)Employs EVM equations to calculate EVM measures, but with gaps in accuracy (55%)Does not employ EVM equations to calculate EVM measures (0%)30Calculations: ImplicationsExceeds expectations and articulation is exceptionally clear and logical (100%)Accurately explains implications for project per specifications (85%)Explains implications for project but with gaps in accuracy or detail (55%)Does not explain implications for project (0%)30Clear CommunicationExceeds expectations with an intentional use of language that promotes a thorough understanding (100%)Consistently and effectively communicates in an organized way to a specific audience (85%)Shows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understanding (55%)Shows no evidence of consistent, effective, or organized communication (0%)10Total:100%