Tree Trimming Project Analysis

Anonymous
timer Asked: Feb 5th, 2019
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Question Description

Thomas Johnson is a timber and Christmas tree farmer who attended a project management class last year during his off-season. When the subject of earned value (EV) came up in class, Thomas wondered if he was utilizing the concept properly.

In mid-October, Thomas hires and trains crews who work to shear fields of Christmas trees for the upcoming holiday season. In this practice, each worker uses a large machete to shear the branches of the tree into a cone shape tree, which is the desire of most customers. Thomas operates his business per the following:

  • He counts the number of Christmas trees in the field, which is approximately 24,000.
  • He agrees with customer Tom Jones to a $30,000 lump sum contract for shearing all trees in the field.
  • He receives a partial payment about 5 days after starting the project. He then estimates the actual number of sheared trees to be approximately 6,000. The actual number of trees is taken as a percent of the total to be sheared, multiplied by the percent completed by total contract amount for the partial payment [(6,000/24,000 total trees = 25% of trees trimmed), (.25 * $30,000 total payment = 5 days payment of $7,500)].

Write a 1,050- to 1,400-word paper that thoroughly answers the following questions based on the case study:

  • Is Thomas over, on, or below schedule? Explain.
  • Is Thomas using earned value as he was taught in his project management course? Explain.
  • What can Thomas do to set up a schedule and cost variance?
  • What method do you suggest for Thomas to use for any changes in project scope, such as the shape of the tree that Tom wants?
  • It appears Thomas is using the traditional method of project management. How can he accelerate the completion of this project that he has contracted for using the Agile methodology?
  • Analyze Thomas's project performance on this project, assuming the original quote given to the customer was an estimate.

Format your paper consistent with APA guidelines.

Tutor Answer

paula9
School: Rice University

Hello, am throughSee the attached document

Running head: TREE TRIMMING PROJECT ANALYSIS

Tree Trimming Project Analysis
Student’s Name
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1

TREE TRIMMING PROJECT ANALYSIS
The most appropriate approach in monitoring the actual work, work completed value and
project plan is through the earned value approach. The earned value approach shows whether the
plan is on track, the amount of time required and money to be spent for it to be complete
(Kerzner & Kerzner, 2017).



Is Thomas over, on, or below schedule? Explain.
Thomas is on the project scheduler. This is because from the analysis done; it has been

observed that after five days, the total number of the trees sheared is 6000. This means that if we
are to calculate the amount of work which has been done; then, the calculation can be based on
the total number of trees which has been sheared, and then we divide it by the whole number of
trees in the project. The actual percentage which is 25% is calculated by multiplying the numbers
by 100. Essentially, the total number of trees which has been sheered is 6000, while the total
number of trees is 24,000. This means that the total amount of money which should be paid for
the work done which is 25% is 75,000. This is calculated by simply determining the 25% of the
total amount of money that is supposed to be paid which is 30,000. In this regard, Thomas is
benefiting from the cost and stands a great chance of making around $7500 in profit.



Is Thomas using earned value as he was taught in his projec...

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Review

Anonymous
Good stuff. Would use again.

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