Pom+

Project Number: 4a Project manager:

Project priority now: 1

Status as of: July 16, 2015

Earned value figures:

PV EV AC SV CV BAC VACf

$691,040.00 $497,369.33 $571,200.00 ($193,670.67) ($73,830.67) $1,692,000.00 1,371,965.74

EAC VAC EACf CPI PCIB PCIC TCPI

1,943,171.73 ($251,171.73) 3,063,965.74 .8707 .2939 .2939 1.07

Project description: Big Kola Company is a soda company which has been slowly losing business to specialized fruit drink markets. In an effort to actively compete with them and regain their customers the CEO has requested that they venture into that market. After much research they have decided on three high margin antioxidant based drinks. They include: cranberry, blueberry, and pomegranate. By making pomegranate the main item they predict a high potential to attract customers and a higher profit margin than other drinks.

Status Summary: The project has started on time with the actual start date being January 3, 2012. Due to a delay in the schedule it has been extended from a closure of July 19 to July 2th, 2012 which management has accepted previously. The budget is presently over by $73,830.67. This has been brought on by the extension of the schedule. Cost is directly affected by schedule.

Project Status based on Cost and Schedule:

With regards to cost a lot is to be seen. When the labor and task hours are factored in it gives a baseline budget of $1,692,000. This can they be put up against a cost of $571,200.This is based on dollar value based on labor charges and time frames of durations. Given that the initial 30 day duration is now increased to 35 this can also be seen in the budget. This represents a 16% increase and ultimately a baseline budget change to $1,796,000 with $104,000 over the budget.

With regards to the schedule the extension of 5 days was previously stated. This can be seen in a change in the closure date from July 19th to July 16th,2012. At this point the project is 29% done with a duration of 145 days. With the “Need Survey” being the only item that started on time it ending late triggered this extension.

Project Activities Performance:

After analyzing these factors it’s fair to judge what went well and what didn’t. On the positive side, the project started on time with regards to the “Need Survey”. In addition the item “Nutrition Report” was under budget by $1,900, which represents a savings for the project that could either be allocated elsewhere or simply counted as additional funds.

When considering