This guide is for MGMT 620 Week 3 Application Exercise Part 1, start to submission. The first application exercise on progress and performance measurement and evaluation, completed in Word with a title page.
MGMT 620 is Project Evaluation & Assessment, 3 credit hours, in Liberty University's MS in Project Management. Canvas and the course guide file print the code as MGMT620; it is the same course.
| Course | MGMT 620 Project Evaluation & Assessment |
|---|---|
| Module/Week | 3 |
| Points | 100 points |
| Length | Not set in the guide; follow the exercise instructions |
| Sources | The Create chapter on progress and performance measurement and evaluation |
| Faith integration | Not required by the guide |
| Format | Microsoft Word with a title page; tables made in or imported into Word |
What MGMT 620 Week 3 Application Exercise Part 1 asks for
You complete 2 assignments based on the Create chapter on progress and performance measurement and evaluation. Each is completed in Microsoft Word, with any tables made in or imported into Word, and includes a title page. Part 1 is due in Module/Week 3. Worth 100 points.
Where it fits in MGMT 620
In the published schedule, Application Exercise Part 1 is one of 7 graded written assignments in MGMT 620. It follows Week 2 Discussion Board Forum 1 and comes before Week 4 Application Exercise Part 2.
How MGMT 620 Week 3 Application Exercise Part 1 is graded
Liberty grades Application Exercise Part 1 with the rubric attached to the assignment in Canvas, worth 100 points in the published guide. That is about 10% of the course's 1,010 points. Read the rubric first. Each row is a criterion, and the wording of the highest column is the closest thing you have to a model answer.
Course grades in MGMT 620 use Liberty's point scale: an A is 940 to 1010 points of the course total. Missing the length or source minimum usually costs points on several rows at once, which is why the checklist below starts with them.
Timing in the published guide: Each course module/week begins on Monday morning at 12:00 a.m. (ET) and ends on Sunday night at 11:59 p.m. (ET). The final module/week ends at 11:59 p.m. (ET) on Friday. Check the due dates in your Canvas section, which govern.
The MGMT 620 Week 3 method, step by step
Set up the data before the write-up
Do the calculations first and check them. Interpretation built on a wrong figure loses more points than a missing paragraph.
Show the method
Say which method, formula or test you used and why it fits the question. Graders want to see that the choice was deliberate.
Report the results plainly
Report each result with its value and what it measures. Tables and figures help when they are labeled and referred to in the text.
Interpret in the context of the question
Translate the numbers into a conclusion about the question. Say what decision they support and how confident you can be.
Name the limits
Name the assumptions and limits. A result with its limits stated reads as professional.
Submit the files the guide asks for
Check which files Canvas expects (spreadsheet, output, written document) and that each is complete and labeled (Not set in the guide; follow the exercise instructions).
Lay out each work package in a table with PV, EV and AC, compute the variances and indexes, and explain in words whether the project is ahead or behind and over or under budget. Include estimate at completion if asked.
A structure for MGMT 620 Week 3 Application Exercise Part 1
Word targets are planning numbers for about 1,100 words of body text, set by the length in the guide; the rubric decides where to spend more.
| Section | What it must do | Target |
|---|---|---|
| Calculations | Correct performance measures. | ~550 words |
| Interpretation | What the measures show. | ~370 words |
| Format | Word, title page, clear tables. | ~180 words |
A topic angle that works
The chapter's core tool is earned value management: planned value (PV), earned value (EV) and actual cost (AC), with cost variance, schedule variance, CPI and SPI. Expect to calculate these from a project's status data.
Model paragraph with notes
An original paragraph written by our desk to show the register that earns full rubric credit. It is study material: learn the moves, then write your own.
At week 10, PV is $120,000, EV is $105,000 and AC is $115,000. Schedule variance is EV minus PV, minus $15,000, and SPI is 0.875, so the project is behind schedule. Cost variance is EV minus AC, minus $10,000, and CPI is 0.91, so it is over budget. If the CPI holds, a $400,000 budget will finish near $440,000.
- Variances.
- Indexes.
- A forecast.
Mistakes that cost points on MGMT 620 Week 3
- Mixing up EV and PV.
- Numbers without interpretation.
- Tables not in Word.
Checklist before you submit
- Length: Not set in the guide; follow the exercise instructions
- Sources: The Create chapter on progress and performance measurement and evaluation
- Calculations checked and output saved
- Every table and figure referred to in the text
- Each rubric row read against the section that answers it
Questions students ask
What software does MGMT 620 require for the application exercises?
Microsoft Word, with any tables made in or imported into Word, and a title page.
How many points is MGMT 620 Week 3 Application Exercise Part 1 worth?
100 points in Liberty's published course guide for MGMT 620, out of a course total of 1,010 points (about 10% of the grade). The rubric attached to the assignment in Canvas shows how those points are divided.
Is MGMT 620 Week 3 the same in every section of MGMT 620?
This guide follows Liberty's published course guide for MGMT 620. Liberty notes that course content can change from term to term, so if your Canvas section shows different instructions, a different week or different points, follow Canvas and your instructor.
Want a tutor to look at your draft?
Send the instructions and what you have so far. A Liberty tutor replies with what to fix first, usually within the hour.