QSO 420 Milestone One Guidelines and Rubric Overview This milestone is designed to introduce the case study for the final project and to begin a critical analysis applying knowledge gained within the course. This assignment is the first step in the analysis of a company for your final project. For this milestone, you will define the earned value parameters for your final project.
Directions For this milestone, you will define the basic elements used to calculate EVM measures, analyze the project documentation to establish EVM parameters, discuss various methods used to determine earned value, and select the most appropriate method for determining earned value.
Specifically, you must address the following rubric criteria:
Earned Value Parameters Define the basic elements used to calculate EVM measures—earned value (EV), planned value (PV), actual cost (AC), and budget at completion (BAC)— and where you would find them in project documentation. Analyze the project documentation from the case study for the data necessary to establish EVM parameters. In other words, is everything you need to establish the EVM parameters for this project contained within that documentation? If not, explain how you might obtain it. Be sure to use specific examples to justify your rationale. Discuss the various methods used to determine earned value. Select the most appropriate method for determining earned value for the project in the case study. Be sure to use research to substantiate your position. What to Submit Submit your milestone as a 2- to 3-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style.
AI Usage If you use gen AI tools to support your work on this assignment, be sure to follow these AI usage guidelines. You must acknowledge your use of these tools in your work. Guidelines on how to cite AI tools can be found in this Shapiro Library guide.
Milestone One Rubric CriteriaExceeds Expectations (100%)Meets Expectations (85%)Partially Meets Expectations (55%)Does Not Meet Expectations (0%)ValueParameters: ElementsExceeds expectations and uses industry-specific language to establish expertiseAccurately defines basic elements used to calculate EVM measures and identifies their location within project documentationDefines basic elements used to calculate EVM measures, but does not identify their location within project documentation, or definition lacks accuracyDoes not define basic elements used to calculate EVM measures20Parameters: AnalysisExceeds expectations and examples provided evidence of well-informed, keen insight into EVM principlesComprehensively analyzes project documentation for data necessary to establish EVM parameters and justifies rationale with examplesAnalyzes project documentation for data necessary to establish EVM parameters, but with gaps in detail, or does not justify rationale with examplesDoes not analyze project documentation for data necessary to establish EVM parameters20Parameters: Earned ValueExceeds expectations and uses industry-specific language to establish expertiseComprehensively discusses methods used to determine earned valueDiscusses methods used to determine earned value, but with gaps in detailDoes not discuss methods used to determine earned value20Parameters: SelectionExceeds expectations and provides explanation of why other methods are inappropriate for project in case studySelects appropriate method for determining earned value for project in case study and substantiates position with researchSelects method for determining earned value for project in case study, but method is not appropriate, or does not substantiate position with researchDoes not select method for determining earned value for project in case study20Clear CommunicationExceeds expectations with an intentional use of language that promotes a thorough understandingConsistently and effectively communicates in an organized way to a specific audienceShows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understandingShows no evidence of consistent, effective, or organized communication20Total:100%
