Earned Value calculation - Ritas (6th edition) confusion
Hi,
I am studying Rita's book for my PMP preparation and it has been extremely helpful to understand lots of concepts. Currently I am on Cost Management (chapter 7) and I got very clear understanding of Earned Value analysis.
I am working on the exercises on the last of the chapter and i was able to understand and calculate all the values correctly from first exercise (Fence#1 page 245). However, while working on the second exercise (Fence #2 Page 246), I am having hard time to understand how the different values are understood from chart.
can someone please help me understand how EV is calculated to be 1000 + 1000 + 500 + 250 = 3250. I understand first three (1000,1000,500) but how are we finding out that fourth fence is 25% done?
Thanks alot in advance!


admin
Fri, 09/14/2012 - 04:41
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Nothing to worry, you just
Nothing to worry, you just need more practice, keep reading and putting honest effort for some weeks and things will start sinking in and you will be able to connect the dots. When I first started reading Rita, I myself felt that it was too much to absorb.