Rodriguez Jescente Robin E. ACT 4 The Critical Path Method and Earned Value Analysis

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Rodriguez, Jescente Robin E.

Activity
4 Bsee-3b

Step 1. Let the ES of each of the first activities be equal to zero (0).

ES EF

C Activity C

2 LS LF

0 EF

A Activity A

LS LF
5 ES EF ES
EF

D F
Activity D Activity F

5 LS LF 4 LS LF
0 EF

Activity B B

6 LS LF

ES EF

E Activity E

4 LS LF
Step 2. Calculate EF: EF=ES+ Duration.

ES EF

C Activity C

2 LS LF

0 5

A Activity A

5 LS LF
ES EF EF
ES

D F
Activity D Activity F

5 LS LF 4 LS LF
0 6

Activity B B

6 LS LF

ES EF

E Activity E

4 LS LF
Step 3. The EF of the predecessor becomes the ES of the Successor.

5 EF

C Activity C

2 LS LF

0 5

A Activity A

5 LS LF
ES EF EF
ES

D F
Activity D Activity F

5 LS LF 4 LS LF
0 6

Activity B B

6 LS LF

6 EF

E Activity E

4 LS LF
Step 4. The EF of the predecessor with a longer duration becomes the ES of the Successor.

5 EF

C Activity C

2 LS LF

0 5

A Activity A

5 LS LF
6 EF EF
ES

D F
Activity D Activity F

5 LS LF 4 LS LF
0 6

Activity B B

6 LS LF

6 EF

E Activity E

4 LS LF
Step 5. Apply the earlier steps until all ES and EF scores are calculated.

5 7

C Activity C

2 LS LF

0 5

A Activity A

5 LS LF
6 11 15
11

D F
Activity D Activity F

5 LS LF 4 LS LF
0 6

Activity B B

6 LS LF

6 10

E Activity E

4 LS LF
Step 6. The EF of the last activity is equal to the total phase duration. “15”

Step 7. Let the total duration be the LF of the last activity, or activities.

5 7

C Activity C

2 LS LF

0 5

A Activity A

LS LF
5 6 11 15
11

D F
Activity D Activity F

5 LS LF 4 LS 15
0 6

Activity B B

6 LS LF

6 10

E Activity E

4 LS LF
Step 8. Calculate LS: LS =LF - Duration

5 7

C Activity C

2 LS 11

0 5

A Activity A

5 LS LF
6 11 15
11

D F
Activity D Activity F

5 LS 11 4 11 15
0 6

Activity B B

6 LS LF

6 10

E Activity E

4 LS 11
Step 9. The LF of the predecessor activity is equal to the LS of the successor activity.

5 7

C Activity C

2 9 11

0 5

A Activity A

5 LS LF
6 11 15
11

D F
Activity D Activity F

5 6 11 4 11 15
0 6

Activity B B

6 LS LF

6 10

E Activity E

4 7 11
Step 10. The LF of the predecessor with a shorter duration becomes the LS of the successor.

5 7

C Activity C

2 9 11

0 5

A Activity A

5 LS 6
6 11 15
11

D F
Activity D Activity F

5 6 11 4 11 15
0 6

Activity B B

6 LS 6

6 10

E Activity E

4 7 11
Step 11. Continue calculating the remaining LS scores to obtain all score.

5 7

C Activity C

2 9 11

0 5

A Activity A

5 1 6
6 11 15
11

D F
Activity D Activity F

5 6 11 4 11 15
0 6

Activity B B

6 0 6

6 10

E Activity E

4 7 11
Step 12. Calculate the slack scores of each activity. Slack = LS-ES, or LF-EF

5 7

C C: SLACK=4

2 9 11

0 5

A A: SLACK=1

5 1 6
6 11 15
11

D F
D: SLACK=0
F: SLACK=0

5 6 11 4 11 15
0 6

B: SLACK=0B

6 0 6

6 10

E E: SLACK=1

4 7 11
Step 13. Activities that have Slack=0 form part of the Critical Path.

5 7

C C: SLACK=4

2 9 11

0 5

A A: SLACK=1

5 1 6
6 11 15
11

D F
D: SLACK=0
F: SLACK=0

5 6 11 4 11 15
0 6

B: SLACK=0B

6 0 6

6 10

E E: SLACK=1

4 7 11
Measure Value Interpretation

PV $125,000 Budgeted work to date is $125,000

AC $145,000 Actual cost incurred to-date is $145,000

EV $130,000 Actual budgeted work performed is $130,000

BAC $250,000 Total Project Budget is $250,000.

SV $5,000 $5,000 worth of work is ahead schedule.

CV $ -15,000 Over budget by $15,000

SPI 1.04 Progressing 4% faster

CPI 0.90 Earning only 90% cents per peso spent.

EAC $277,778 Project will cost $277,777

ETC $132,778 Project requires $132,778 to complete

VAC $-27,778 $27,778 over budget at completion

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