PM582 Week 2 Performance Report Template

Anonymous
timer Asked: Feb 6th, 2019
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Question Description

Resource: Performance Report Template

Use the Performance Report Template provided and research specific project management metrics (e.g., earned value, ROI, etc.) to become familiar with those on the template.

Create a full performance report for the case study from Week 2 (OLLO) using the modified (based on instructor feedback) information from previous weeks (e.g., WBS, change management plans, communication plans, etc.).

Indicate the stakeholders who would receive the report.

Include specific metrics on the performance report to demonstrate if the project was successful or not at the time of reporting

Include an approximately 200- to 250-word explanation in each area on the template to help indicate what each of the metrics demonstrates, lessons learned, team functioning throughout the project, etc.

Tutor Answer

CASIMIR
School: UT Austin

Here you go. In case of any further inputs, please let me know.All the best!I appreciate working with you!

Running Head: PERFORMANCE REPORT

1

Performance Report
Name
Course
Professor
Date

PEROFRMANCE REPORT

2
Stakeholders’ Report

This is a report specially prepared to highlight a few critical issues to the project
stakeholders such as Project Sponsor, Head of Technology and Head of Finance. To date, the
project can be deemed successful. The project team members have maintained their focus on
assigned tasks hence the reason behind meeting major milestones and activities of the project. As
the entire project team conduct testing, having completed planning, product design, and
prototype development. In all the already accomplished stages, the project team has had an
accumulative schedule variance of $3500 together with a cost variance totaling to $500.
Schedule performance slightly shows that the project is yet to catch up with its schedule. The
shortfall in the schedule is within the allowable limits hence the team expects to bounce back on
schedule as soon as before testing stage is over.

Performance Report of the Project
Project
WBS Element
1.0 Product
Planning
2.0 Product
Design
3.0 Product
Build
4.0 Product
Testing
5.0 Product
Implementation
Totals:

Project Cost and Schedule Performance Report
Date:
Planned Value
Earned Value
Actual Cost
(PV)
(EV)
(AC)
$45,000
$43,500
$44,000

Cost Variance
(CV)
($500)

$75,000

$73,000

$71,000

$2,000

$90,000

$90,000

$91,000

($1,000)

$206,500

$206,000

$500

$55,000
$35,000
$300,000

PEROFRMANCE REPORT

3
Current Status of Risks and Issues

Universally, missing out on set deadlines usually a present an unprecedented risk to
project progress. There are many reasons that trigger situations of delays (Beck & Kovacs,
2018). Common among them are significant decisions being undertaken in the absence of
stakeholders or rather without their significant inputs, the inadequacy of resources when
particular tasks specific t...

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Anonymous
Top quality work from this guy! I'll be back!

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