QSO 420 Milestone One Guidelines and Rubric

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.