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Earned Value Analysis

May 31, 2006 Leave a comment

Taken from Cert-CAPM
Related Exam: PMI Cert-CAPM PMCert: Certified Associate in Project Management

A status review of all the projects being managed by you shows the figures in the exhibit (Click the Exhibit(s) button.). Which of these projects are performing the best on schedule and cost, respectively?

Project A
Project C
Project A and Project C, respectively
Project C and Project A, respectively

Exhibits:

Project C and Project A are performing the best on schedule and cost, respectively. We can use the following Earned Value Analysis calculations for all four projects:
CV or Cost Variance = EV – AC
SV or Schedule Variance = EV – PV
CPI or Cost Performance Index = EV / AC
SPI or Schedule Performance Index = EV / PV
The values can be summarized in the table provided in the tutorial graphic. The project with the highest values of CPI and SPI is performing the best on both cost and schedule factors. From the information in the given table, Project C has the best schedule performance because its SPI has the highest value of 0.93. Project A has the best cost performance because its CPI has the highest value of 0.96.
Note that all projects have identical values for CV and SV, but they are not performing equally on both cost and schedule factors.

References:

1. A Guide to the Project Management Body of Knowledge – PMBOK Guide 2000 Edition – Project Communications Management
– 10.3.2.4 Tools and Techniques for Performance Reporting – Earned Value Analysis

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New & Notable Books by Kizhakku Publishers

May 26, 2006 1 comment
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மிட்டாய் கதைகள்
என்.சொக்கன் 40
கிருஷ்ணா கிருஷ்ணா
இந்திரா பார்த்தசாரதி 90
கரைந்த நிழல்கள்
அசோகமித்திரன் 60
கிச்சு கிச்சு
ஜே. எஸ். ராகவன் 60
பரமஹம்ஸர்: பொழியும் கருணை மழை
பா.தீனதயாளன் 60
தேகம் யாவும்
ஜி.எஸ்.எஸ். 50
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தண்ணீர்
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மலையாள மூலம்: டி.டி. ராமகிருஷ்ணன், தமிழில்: குறிஞ்சிவேலன் 50
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ஆப்கனிஸ்தான் : அழிவிலிருந்து வாழ்வுக்கு
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என்.சொக்கன் 60
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மலையாள மூலம்: சேது, தமிழில்: குறிஞ்சிவேலன் 75
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மதன் 100
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பா.தீனதயாளன் 60
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Politics this week: 20th – 26th May 2006

May 26, 2006 Leave a comment

Politics this week

May 25th 2006
From The Economist print edition

AP
AP

After six months of negotiation, Iraq’s parliament endorsed a united government of Shias, Sunni Arabs and Kurds, led by Nuri al-Maliki, an Islamist from the dominant Shia alliance. The main Sunni Arab party has a clutch of ministries, raising hopes that it will persuade at least some of the insurgents to negotiate. The crucial defence and interior ministries are still waiting to be filled. See articleE+

Ehud Olmert, Israel’s prime minister, met President George Bush in Washington, where they agreed that Iran should be prevented from getting nuclear weapons. Mr Bush said America would “come to Israel’s aid” if Iran attacked, and he praised Mr Olmert’s “bold” plan to adjust Israel’s borders unilaterally if attempts to agree them with the Palestinians failed. See articleE+

Mahmoud Abbas, the Palestinian president, said he would call a referendum unless Hamas agreed to accept the pre-1967 borders of Israel. This came after violence between his Fatah faction and Hamas cost several lives in the Gaza Strip.

Lakhdar Brahimi, a UN official, went to Sudan to try to persuade the government in Khartoum to let a UN peacekeeping force into its western Darfur region. Violence has persisted there since a peace deal between the main rebel group and the government was signed three weeks ago.

In a tense run-up to elections due on July 30th, the government has told politicians in the Democratic Republic of Congo that they should not have more than 25 bodyguards each.

Zimbabwe’s inflation rate exceeded 1,000%. When Robert Mugabe came to power in 1980, Zimbabwe’s dollar was worth $1.60; an American dollar is now officially worth 100,000 Zimbabwean dollars. See articleE+

The World Health Organisation expressed concern about a cluster of recent human deaths from the H5N1 strain of bird flu. Seven people from the same Indonesian family have died from the disease with no apparent sign of animal infection, raising the possibility of human-to-human transmission. See articleE+

Australia is deploying troops to calm Timor-Leste, where violence has erupted in the capital, Dili. The unrest started with the sacking of soldiers, who had gone on strike. The president, Xanana Gusmao, said that security was now his personal responsibility.

Thaksin Shinawatra, chaired his first cabinet meeting since stepping aside as prime minister of Thailand seven weeks ago. Fresh elections have been ordered since a poll on April 2nd was annulled, but no date has yet been set. It is unclear who exactly is running the country at present.

Afghanistan’s government claimed to have killed up to 60 Taliban militants in a battle in the central province of Uruzgan. Fighting has intensified recently in many parts of the country, reaching levels not seen since the American-led invasion of 2001.

China completed work on the main wall of the Three Gorges dam. A vast feat of engineering, the dam has caused much environmental controversy. See articleE+

In Colombia, an army patrol killed ten members of an elite police drug squad and their civilian informant in what officials said was an accident. The incident was a blow to the government of Álvaro Uribe, who was expected to win a second term in a presidential election on May 28th. See articleE+

Vladimiro Montesinos, Peru’s jailed former spy chief, told a court that Ollanta Humala, a candidate in next month’s presidential run-off, helped him escape from the country six years ago by staging a fake military rebellion. Opinion polls give Alan García, a former president, a 15-point lead over Mr Humala.

René Préval, Haiti’s new president, appointed Jacques Edouard Alexis as his prime minister. Mr Alexis, formerly a university rector, held the same post from 1999 to 2001 during Mr Préval’s previous presidency.

EPA
EPA

Despite strong criticism of his handling of the aftermath of Hurricane Katrina, Ray Nagin was narrowly re-elected as mayor of New Orleans. He won 80% of the black vote.

American congressmen bridled over an FBI search—the first in history—of the office of a sitting congressman, who had been taped accepting a $100,000 bribe. They claimed it was a breach of separation of powers and of congressional prerogatives. William Jefferson, a Democrat from Louisiana, had stored most of the cash in his freezer. See articleE+

America’s Supreme Court refused to hear an appeal against the combination of drugs used to execute criminals by injection, thereby allowing the practice to continue. A prisoner in Tennessee had claimed that one of the drugs caused such intense pain that it amounted to “cruel and unusual punishment”, which is banned by the constitution.

AFP
AFP

In Montenegro, 55.4% of those who voted supported independence from Serbia. Theirs will be the first new country in Europe since Slovakia in 1993. Both Montenegro and Serbia want to join the European Union as soon as they can. See article

Spain’s prime minister, José Luis Rodríguez Zapatero, declared that he was preparing for talks with ETA, a Basque separatist group. ETA, which has killed more than 800 people in the past three decades, declared a permanent ceasefire in March.

In a parliamentary election in (Greek) Cyprus, voters strongly backed parties hostile to the idea of reviving the UN unification plan that was rejected in 2004. A solution to the Cyprus problem looks as far off as ever.

Italy’s new government said that the country’s budget deficit was worse than it had feared. A deputy economics minister suggested that it might be over 4.5% of GDP this year. The chances of getting it below 3% by 2007, as promised, now look remote.

In two unrelated but worrying accidents in the Aegean region, a Turkish and a Greek fighter plane collided in mid-air, killing the Greek pilot, and a huge fire engulfed the cargo terminal at Istanbul’s Ataturk International Airport, injuring three workers.

Categories: Uncategorized

Politics this week: 20th – 26th May 2006

May 26, 2006 Leave a comment

Politics this week

May 25th 2006
From The Economist print edition

AP
AP

After six months of negotiation, Iraq’s parliament endorsed a united government of Shias, Sunni Arabs and Kurds, led by Nuri al-Maliki, an Islamist from the dominant Shia alliance. The main Sunni Arab party has a clutch of ministries, raising hopes that it will persuade at least some of the insurgents to negotiate. The crucial defence and interior ministries are still waiting to be filled. See articleE+

Ehud Olmert, Israel’s prime minister, met President George Bush in Washington, where they agreed that Iran should be prevented from getting nuclear weapons. Mr Bush said America would “come to Israel’s aid” if Iran attacked, and he praised Mr Olmert’s “bold” plan to adjust Israel’s borders unilaterally if attempts to agree them with the Palestinians failed. See articleE+

Mahmoud Abbas, the Palestinian president, said he would call a referendum unless Hamas agreed to accept the pre-1967 borders of Israel. This came after violence between his Fatah faction and Hamas cost several lives in the Gaza Strip.

Lakhdar Brahimi, a UN official, went to Sudan to try to persuade the government in Khartoum to let a UN peacekeeping force into its western Darfur region. Violence has persisted there since a peace deal between the main rebel group and the government was signed three weeks ago.

In a tense run-up to elections due on July 30th, the government has told politicians in the Democratic Republic of Congo that they should not have more than 25 bodyguards each.

Zimbabwe’s inflation rate exceeded 1,000%. When Robert Mugabe came to power in 1980, Zimbabwe’s dollar was worth $1.60; an American dollar is now officially worth 100,000 Zimbabwean dollars. See articleE+

The World Health Organisation expressed concern about a cluster of recent human deaths from the H5N1 strain of bird flu. Seven people from the same Indonesian family have died from the disease with no apparent sign of animal infection, raising the possibility of human-to-human transmission. See articleE+

Australia is deploying troops to calm Timor-Leste, where violence has erupted in the capital, Dili. The unrest started with the sacking of soldiers, who had gone on strike. The president, Xanana Gusmao, said that security was now his personal responsibility.

Thaksin Shinawatra, chaired his first cabinet meeting since stepping aside as prime minister of Thailand seven weeks ago. Fresh elections have been ordered since a poll on April 2nd was annulled, but no date has yet been set. It is unclear who exactly is running the country at present.

Afghanistan’s government claimed to have killed up to 60 Taliban militants in a battle in the central province of Uruzgan. Fighting has intensified recently in many parts of the country, reaching levels not seen since the American-led invasion of 2001.

China completed work on the main wall of the Three Gorges dam. A vast feat of engineering, the dam has caused much environmental controversy. See articleE+

In Colombia, an army patrol killed ten members of an elite police drug squad and their civilian informant in what officials said was an accident. The incident was a blow to the government of Álvaro Uribe, who was expected to win a second term in a presidential election on May 28th. See articleE+

Vladimiro Montesinos, Peru’s jailed former spy chief, told a court that Ollanta Humala, a candidate in next month’s presidential run-off, helped him escape from the country six years ago by staging a fake military rebellion. Opinion polls give Alan García, a former president, a 15-point lead over Mr Humala.

René Préval, Haiti’s new president, appointed Jacques Edouard Alexis as his prime minister. Mr Alexis, formerly a university rector, held the same post from 1999 to 2001 during Mr Préval’s previous presidency.

EPA
EPA

Despite strong criticism of his handling of the aftermath of Hurricane Katrina, Ray Nagin was narrowly re-elected as mayor of New Orleans. He won 80% of the black vote.

American congressmen bridled over an FBI search—the first in history—of the office of a sitting congressman, who had been taped accepting a $100,000 bribe. They claimed it was a breach of separation of powers and of congressional prerogatives. William Jefferson, a Democrat from Louisiana, had stored most of the cash in his freezer. See articleE+

America’s Supreme Court refused to hear an appeal against the combination of drugs used to execute criminals by injection, thereby allowing the practice to continue. A prisoner in Tennessee had claimed that one of the drugs caused such intense pain that it amounted to “cruel and unusual punishment”, which is banned by the constitution.

AFP
AFP

In Montenegro, 55.4% of those who voted supported independence from Serbia. Theirs will be the first new country in Europe since Slovakia in 1993. Both Montenegro and Serbia want to join the European Union as soon as they can. See article

Spain’s prime minister, José Luis Rodríguez Zapatero, declared that he was preparing for talks with ETA, a Basque separatist group. ETA, which has killed more than 800 people in the past three decades, declared a permanent ceasefire in March.

In a parliamentary election in (Greek) Cyprus, voters strongly backed parties hostile to the idea of reviving the UN unification plan that was rejected in 2004. A solution to the Cyprus problem looks as far off as ever.

Italy’s new government said that the country’s budget deficit was worse than it had feared. A deputy economics minister suggested that it might be over 4.5% of GDP this year. The chances of getting it below 3% by 2007, as promised, now look remote.

In two unrelated but worrying accidents in the Aegean region, a Turkish and a Greek fighter plane collided in mid-air, killing the Greek pilot, and a huge fire engulfed the cargo terminal at Istanbul’s Ataturk International Airport, injuring three workers.

Categories: Uncategorized

Business this week: 20th – 26th May 2006

May 26, 2006 Leave a comment

Business this week

May 25th 2006
From The Economist print edition

Stockmarkets endured another uneasy week. Shares in Britain and mainland Europe were volatile, and fell heavily in emerging markets such as Russia, India, Turkey and Indonesia. Investors sought refuge in American Treasury bonds, which strengthened over the week, not least because figures showing weak April orders for durable goods raised the chances that the Federal Reserve will pause before lifting interest rates again. See article

Euronext’s managers and shareholders weighed rival bids for the company, which runs stockmarkets across Europe and a derivatives exchange in London. The managers endorsed an offer from the New York Stock Exchange in preference to the Deutsche Börse, another big European exchange. The shareholders remained non-committal, hoping for sweetened offers. See articleE+

After a three-year investigation, regulators concluded that Fannie Mae, which underwrites American mortgages, had indulged in “fraudulent accounting”. It will pay $400m to settle the case, but its former executives may still face charges for misreporting profits so as to fatten their bonuses. These ill-gotten gains should be reclaimed by the company, its federal regulator said. Its mortgage holdings will also be frozen at $727 billion, their December 2005 level, until it cleans up its act. See articleE+

Sir Ken Morrison agreed to step aside as chairman of Wm Morrison, ending a boardroom battle that followed the British retailer’s purchase of Safeway in 2004.

Bank of China, China’s second-largest bank, raised $9.7 billion from its initial public offering, the biggest in the country’s short experience of financial markets. If demand is strong enough, the bank may offer more shares, to raise another $1.5 billion. In London, however, two other listings were postponed amid the markets’ jitters.

Bertelsmann agreed to pay €4.5 billion ($5.75 billion) for a 25.1% stake owned by Groupe Bruxelles Lambert. The Belgian investment house had threatened to list its holding in the German media group. See articleE+

The World Bank decided it still has a role to play in China, a country with dollars aplenty, but also with more impoverished people than any other country except India. The bank will lend up to $1.5 billion a year over the next five years.

Rosneft, an oil company the Russian government wants to sell, reported profits of $4.2 billion for 2005. Its revenues flowed largely from its Yuganskneftegaz production arm, which belonged to Yukos, a private company dismembered by the tax authorities. See articleE+

OMV, central Europe’s biggest oil and gas company, caved in to political resistance over its proposed merger with Verbund, Austria’s largest electricity supplier. The sale of the company, controlled by the government, would not have been “meaningful and just” (ie, politically palatable), said Austria’s economics minister.

A Dutch court passed verdict on “Europe’s Enron”, the 2003 accounting scandal at Ahold, a huge food retailer. Its former boss, Cees van der Hoeven, and his finance director were convicted of fraud. Each now faces a fine of €225,000 ($287,400) and a nine-month suspended sentence.

Babcock & Brown, an Australian investment company, agreed to buy Eircom, Ireland’s biggest telecoms company, for $3.1 billion. The Australians will be the former state monopoly’s fifth owner since it was privatised in 1999.

Valcon Acquisition, a group of six private-equity companies, triumphed at last in its three-month campaign to buy VNU, a Dutch market-research company. Valcon said it now has 78.7% of the company’s shares, and gave remaining shareholders until June 9th to sell the rest.

Vonage, an internet-based phone company, raised $531m in its initial public offering, charging $17 a share, only to see its stock end the first day of trading worth only $14.85. See articleE+

In testimony to the Senate Banking Committee, Ben Bernanke, chairman of the Federal Reserve, admitted that he had suffered a “lapse of judgment” when he told a journalist at the White House correspondents’ dinner last month that he was not as doveish on inflation as financial markets thought.

In its twice-yearly economic outlook, the OECD forecast that growth this year would be 3.6% in America, 2.2% in the euro area and 2.8% in Japan. Growth in all three areas is expected to slow slightly in 2007. Remaining slack in the American and Japanese economies is forecast to disappear by the end of next year, but “ample excess supply” will remain in Europe.

Categories: Uncategorized

Google Video Ads; 63.4M Votes

May 26, 2006 Leave a comment

Get ready for a noisier Web. Google’s adding video ads, and they’ll work like text ads: Advertisers get charged when someone watches the ad and clicks through to their site (via Google Blogoscoped). TV advertisers may test different cuts of a commercial to decide which to air, says Lost Remote, but Publishing 2.0 thinks all Google video ads do is spotlight the fact that most ads have no value—in fact, they suck. Maybe a Google music service will perk things up; rumor has it Google is set to battle iTunes, writes CNET. Meanwhile, Yahoo and eBay are teaming up on ecommerce to fight back.

Are we witnessing the final days of Microsoft employee #24? That’s right: Redmond may oust CEO Steve Ballmer as part of its new Google-centric strategy—and because MSFT stock has been shaky says M-Dollar. That and Vista may slip—yet again.

In Web 2.0 news, the online map wars continue, blogs TechCrunch, who thought Yahoo Maps was the best—until Microsoft sneaked in upgrades to its Live.com Local maps product, including “Bird’s Eye” views from low-flying aircraft and on-the-ground “Street Side” views. Speaking of street level, Apple and Nike have teamed up to create tools for your feet: Nike+iPod, a line of products starting with a kit that will transmit pace, calories burned, and time and distance from Nike running shoes to an iPod Nano (via iPod Hacks). Boing Boing’s just waiting to see what hackers can do with a wireless sensor that attaches to the most popular player on the market. Another popular new startup: WineLog which offers user-generated information on wines, including tags, ratings and comments.

And in the shameless self-promotion dept: the Wall Street Journal revisited RSS readers and singled out Rojo for the way it recommends stories. After using it for a week, Jason Calcanis posts that he’s falling in love with Rojo. Aw, shucks.

Martha Stewart wants to start a MySpace for older women (via FishBowlNY), but it won’t launch until the end of next year—and by then the game will have changed says MicroPersuasion. Om Malik says there are too many social networks already—they’re the new black—and mentions other new ones like Bebo and aSmallworld.net, a Harvey Weinstein-funded, invite-only network for the rich. Bebo, which is huge in the UK, Ireland and New Zealand, just bagged $15 million from Benchmark Capital partly so it can, ah, open an office in the UK (via PaidContent.org). And business2blog reports that even Friendster is making a comeback—at least in the Philippines, Brunei, Malaysia, Indonesia and Singapore.

 In politics, Al Gore flogged his new movie, An Inconvenient Truth, which comes out this week. He exposed himself to Katie Couric’s megawatt smile on the Today show and Couric proceeded to agree with his alarmist views on global warming, blogs NewsBusters. Gore may be a tree-hugger, but it was shameless for an opponent to compare him with Joseph Goebbels, blogs Crooks and Liars. Watch Gore’s appearance on YouTube, courtesy of Eschaton.

Finally, 63.4 million votes were cast in this season of American Idol–more than any US president in history has ever received says the Huffington Post. But two hours, a night of a thousand Crest WhiteStrips, and a hundred costume-changes to declare Taylor Hicks the official winner made for a supersize letdown says the NY Times.

Categories: Uncategorized

May 15 – May 19, 2006

May 19, 2006 Leave a comment

The patent system got a little less evil this week as the US Supreme Court ruled in favor of eBay. It said a lower court was wrong to prevent the online auctioneer from providing the “Buy It Now” button simply because MercExchange LLC alleged it violated its patent. It’s a TKO for eBay, blogs Paidcontent.org. eBay is using the breathing space to crack down on a potential competitor: It has banned links to Rapleaf, an open version of eBay’s feedback-and-reputation feature.

New products: Google launched Google Notebook, a place to put anything you find on the Web—but it’s a lot like the Scrapbook extension for Firefox, says Lifehacker. TechCrunch calls it ho-hum and it doesn’t do tagging. AOL Released a YouTube clone called UnCut Video but it’s a long shot, says SiliconBeat. Apple announced the MacBook, an iBook replacment will come in iPod colors, black and white, and start at $1,099. Yahoo redesigned it’s home page and BuzzMachine says it’s no longer the last old-media company—it’s the last portal. While Skype says its calls will be 100 percent free through the end of the year in the U.S. and Canada, though Om Malik says it’s basically a stunt to penetrate the North American market.

In Web 2.0 news, Michael Arrington has problems—mostly that he’s this week’s Silicon Valley Whipping Boy. Bad enough that insider-y public squabbles over the TechCrunch redesign were aired (Valleywag has a timeline here), but now the site has become a Silicon Valley Geek Echo Chamber. Philly-based Redeye VC writes too many companies are targeting an audience of 53,651. Om Malik rounds up assorted harrumphing from several of the 53,651. Of course the number’s already a trivia question on Supr.c.ilio.us.

In politics, one of the most linked to posts this week was the hilarious SNL Video: If Al Gore Were President. Gore let it rip in this satirical state of the union from the presidency-that-wasn’t and completed his transformation, says Ted Blog. The real president hasn’t gotten such enthusiastic reviews. A lot of Bush-supporting bloggers are going silent and Andrew Sullivan speculates it’s because the classic conservatives (small-government, anti-corruption, anti-budget deficit types) have figured out he’s not one of them. But Blogs for Bush is still in business and passes on Iraq the Model’s report that Iran is selling high-end anti-aircraft missiles to Al-Qa’ida in Iraq, plus machine guns and new, improved IEDs.

Bloggers are also still ticked about the NSA spying on Americans and the telcos are denying they turned over phone records to the NSA, and Think Progress sees just three possibilities: USA Today was inaccurate, the telcos gave out statements with wiggle room in them, or the telco statements are inaccurate—because Director of National Intelligence John Negroponte told them it was legal to lie. Talking Points Memo thinks it might have been a vendor or subcontractor that turned the records over, while Eric Umansky speculates maybe it was tight-lipped AT&T.

 There was also Tony Snow’s first formal press briefing—and he cried. Not everyone bought the crying jag, says Wonkette, but it was the only bit of entertainment at the whole thing.

ImageAnd finally, the secret’s out: Critics hate the The Da Vinci Code. The controversial movie hits theaters everywhere May 19 but critics are already snickering. British Catholics published a survey claiming Code undermines the faith (via MSNBC.com). BBC News reports that Christians and allies in India, Thailand and South Korea are calling for a ban on the film or engaging in hunger strikes against it. Worst of all, anyone with a crush on France’s Audrey Tautou will have to just deal with her speaking English, blogs Syntax of Things. The silver lining: Some Hollywood celebs could be lured from Scientology to Opus Dei.

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