Resource: Project Management: The Managerial Process, Ch. 13 and Electroscan, Inc. Student Table spreadsheet
Evaluate the Earned Value Management (EVM) Case Study found on p. 499 in Project Management: The Managerial Process, Ch. 13.
Tree Trimming Project
Wil Fence is a large timber and Christmas tree farmer who is attending a project management class in the fall, his off season. When the class topic came to earned value, he was perplexed. Isn’t he using EV?
Each summer Will hires crews to shear fields of Christmas trees for the coming Holiday season. Shearing entails having a worker use a large machete to shear the branches of the tree into a nice, cone shaped tree.
Will describes his business as follows:
Calculate EVM information from the data provided using the Electroscan, Inc. Student Table spreadsheet and draw conclusions regarding the project’s status in the case study.
Draw conclusions regarding project health from the Earned Value analysis.
Analyze the effects of given schedule variances, as well as SPI, CPI, EAC, TCIP, and any other EVM analytical products they deem valuable.
Write your findings in a 350- to 700-word memorandum.
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