Posted: December 9th, 2021

Project Execution 2

Project Execution With Monitoring & Control

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In this Assignment, you are provided your sponsor-approved financials for your project’s labor. You will need to go back to the project plan, or Gauchito Project Workbook.xls (in Course Resources), to pull out your incremental material and equipment costs from the M&E Forecast tab. Your job will be to lay out only your Planned Value (PV) section of your Gauchito EVM Tool and/or Project (in Course Resources). You will need to bring over your approved Gantt schedule for the Project Workbook to accomplish this.   Based on the information from the Gauchito project plan, your company finance department provided you with the following: 

(Please find attached a better formatted question saved as GM593_U2Assignmt)

ID Job Description Immediate Predecessors Planned Duration (Weeks) Staff (Number) Rate/Person/Week Task Cost (BAC)  A 1.0 ASSEMBLE ENGINE MOUNT Start 2 4 $1,440 $11,520  B 2.0 FIN PREPARATION Start 1 3 $1,440 $4,320  C 3.0 MARK FIN AND LAUNCH LUG LINES Start 1 3 $1,440 $4,320  D 4.0 INSERTING ENGINE MOUNT A 2 3 $1,440 $8,640  E 5.0 ATTACH FINS D 1 3 $1,440 $4,320  F 6.0 ATTACH SHOCK CORD Start 2 3 $1,440 $8,640  G 7.0 ASSEMBLE NOSE CONE Start 1 2 $1,440 $2,880  H 8.0 ATTACH PARACHUTE/SHOCK CORD G 1 1 $1,440 $1,440  I 9.0 ATTACH LAUNCH LUG E 1 1 $1,440 $1,440  J 10.0 PAINTING THE ROCKET I 1 4 $1,440 $5,760  K 11.0 APPLICATION OF DECALS J 1 1 $1,440 $1,440  L 12.0 APPLYING CLEAR COAT K 1 1 $1,440 $1,440  M 13.0 DISPLAY NOZZLE ASSEMBLY K 1 3 $1,440 $4,320  N 14.0 ROCKET PREFLIGHT L 1 2 $1,440 $2,880  O 15.0 PREPARE FOR TEST LAUNCH N 1 1 $1,440 $1,440    

ASSIGNMENT RUBRIC   

Calculating Project Budget Estimate Updates    Points Possible    Points Earned  Content  

The necessary data for labor, equipment, material, duration, start, finish, and predecessors are correctly annotated as provided by the instructions into the Gauchito EVM tool.  10 points 

A Gantt bar graph for the project BCWS (PV) was constructed in the EVM tool template according to the provided table. 5 points  

All tasks (deliverables) are executed according to the Gauchito project plan appendix WG: Gantt and/or Gauchito Project Workbook tabs for labor costs, material costs, equipment costs, and schedule. 10  

Task level activities are correctly scheduled with predecessors and successor according to precedence relationships from the project plan or project workbook. 5  

A critical path is displayed according to CPM. 5points  

The depicted Cumulative Cost Curve/Baseline graph correctly reflects the Planned Value. 5points  

The graph correctly depicts the project BAC and EAC for the start of the project. 5points

Analysis  Response exhibits strong higher-order critical thinking and analysis (e.g., evaluation). Submission shows original thought. 10 points

Analysis includes proper classifications, explanations, comparisons, and inferences.  
10 points

Critical thinking includes appropriate judgments, conclusions, and assessment based on evaluation and synthesis of information. 10points  

Total 75

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