Solar Umbrella Inc.Jeffrey Helmick , Shangyin Gao, Duc Pham, Murat Alemdag and Nonpawit Porc

EVM Chart

1 2 3 4 5 60

100000

200000

300000

400000

500000

600000

700000

800000

900000

111608

223216

334824

446432

558040

669648

68108

136216

247824

402932

558040

713148

130928

261856

392784

531684

672384

824990

BCWS (PV) BCWP (EV) ACWP (AC)

$155,342 over budgeted cost

Project Status

MONTH BCWS (PV) BCWP (EV) ACWP (AC) CPI SPI

Jan 111,608 68,108 130,928 0.52 0.61

Feb 223,216 136,216 261,856 0.52 0.61

Mar 334,824 247,824 392,784 0.63 0.74

Apr 446,432 402,932 531,684 0.76 0.90

May 558,040 558,040 672,384 0.83 1.00

Jun 669,648 713,148 824,990 0.86 1.06

Project Schedule• Research and

Development Process

Continue.

• Engineering Design,

mechanical engineering

until project management

will begin on time.

• Able to complete project

on time.

Project Schedule Cont..

• SPI (June) = 1.06

• Ahead of schedule

1 2 3 4 5 60.00

0.20

0.40

0.60

0.80

1.00

1.20

Month

SPI

1 2 3 4 5 60

5

10

15

20

25

30

Estimated Percentage of Work Performed

Month

Perc

enta

ge o

f Wor

k Pe

rfor

med

• Estimated % Work

Completed(June)= 27.2%

Risk ManagementProject Name Sunflower Solar UmbrellaPrepared By Solar Systems Inc.Date 1/22/2015

Risk Risk Category Probability Impact Risk Score Risk Ranking Risk Response

Cost Control Cost Moderate High 0.18 1 Weekly budget meetings with management to report financial status and address stakeholder concern

Quality Control in Manufacturing Quality Moderate High 0.16 2 Implement Q.C. standardsConduct regular batch testing

High Employee Turnover Time Moderate High 0.14 3 Hire more selectivelyImproved HR processesImprove work environment

Poor Communication Time Moderate Moderate 0.1 4 Develop comprehensive communication plan to ensure most effi cient method ofof disseminating critical information

Durability of Goods Once Sold Quality Low High 0.09 5 Apply silica glass technology to solar panels to ensure most effi cent cooling methods

Silica Glass Technology

Project Recommendations

• communication plan • “Sticky” information as regular

reminder• Internal organizational

communication plan table

• Improve changed management control• Clearly define change management

plan• Reinforce data gathering, feedback

analysis and corrective action

Project Recommendations Cont…

• Product testing

• integrated circuits (Ics).

• Battery

Profits

• Project budget overrun• Profit concern• Root cause of profit

issue:• Inaccurate estimates• Lack of real time

visibility and control• Poor methods to

determine project progress• Insufficient historical

information

Pricing SheetDepartment Average Salary($/Hr)

Overhead Rate % Total Hours Required Burdened Cost ($)

R&D $36.25 100 12,000 $870,000Engineering Design $33.00 100 1,280 $84,480

Mechanical Engineering $31.50 100 1,640 $103,320

Instrumentation $26.20 100 160 $8,384Test $22.00 100 160 $7,040Electrical Engineering $28.35 100 160 $9,072

Production $24.70 230 4,600 $374,946Project Management $38.45 100 5,760 $442,944

$1,900,186EAC(June)=$3,033,190 Material/ Subcontract Costs $835,000EAC(June)-Project Cost $(298,004) Project Cost $2,735,186

Fee @ 15% $410,278Project Price $3,145,464