Earnings Method Management Assignment Example | Topics and Well Written Essays - 1250 words

Earnings Method Management - Assignment ExampleIf Invalid, earth It is disenable because the proceed of clobber is not an acceptable milestone. If Invalid, Reason If Invalid, Reason It is shut-in because there is no milestone in block 3 and work was unexpended to be holy. If Invalid, Reason It is invalid because there is no milestone in the second measurement period. If Invalid, Reason If Invalid, Reason If Invalid, Reason It is invalid because no to a greater extent than 80% of the value of the next periods milestone can be planned in the current period. If Invalid, Reason It is invalid because it extends to more than deuce consecutive measurement periods and more than two earning points have been established. If Invalid, Reason It is invalid because it spans more than two measurement periods and t has more than two earning points. If Invalid, Reason It is invalid because the total work package should be 100% and there s no indication that the work will continue into the ne xt period. If Invalid, Reason If Invalid, Reason If Invalid, Reason It is invalid because the totals of the percentage ratios do not add up to 100% of the total work package and there is no indication that the work is ongoing to the next period. ... The first holy earning point was in period 2 and the vagabond was completed in period 2. Comments The 50% is earned when the project actually starts in period 1. However, the project was not completed until period 3 even though it was scheduled to be completed in period 2. Therefore, the planned earning point (period 2) is earlier than the completed earning point (perod 3). Comments The work package was scheduled to start in period 2 and end in period 3 however, it was started earlier in period 1 and completed in period 2. Therefore, the earnings came much earlier than anticipated. Comments The planned milestones are earlier than the completed milestones and so the planned values are earned in subsequent periods. The work continues int o the next period when milestone 3 will be completed and the final budgeted amount of ?20,000 will be earned. Comments The planned milestones were for periods 1, 2 and 3. However, the completed milestones occurred in periods 2 and 3. Therefore, half of the budgeted amount was earned n period 2 and the other half in period 3. Comments The planned milestones were for periods 1 and 2. However, the milestones were completed in periods 1 and 2. The first milestone was completed before the scheduled start of the work package. Comments The plan was for the work to start early in period 1 and to be completed in period 2. However, the work started late(a) in period 2 and was still ongoing at the end of period 3. The milestones were planned for period 1 and 2 but the first milestone was not accomplished until period 3 due to the late start. Only 60 workdays were completed at the end of period 3. Comments The work started a little late and so the milestones