Team agreement that outlines the team operating rules for the construction project

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Part 1

Create a team agreement that outlines the team operating rules for the construction project you are managing.
What is the impact on a project schedule when you level your resources? Why is resource leveling necessary and what is the impact on your resources when you do not level? Review the Agile manifesto and describe how Agile views resource leveling?
Part 2:
Describe the purpose of a status report to the project sponsor? What key information do you feel is important for the status report to include and why? What is the optimum reporting cadence and why? What factors do Project Managers need to think about when creating a status report template? Do you feel that status reports are only needed when managing waterfall projects, and why? How can project status be shared in an Agile or Hybrid project?

Part 3: You are a project manager for a construction project budgeted at $750,000. As of today, the project should be 45% completed but after reviewing the status of the scheduled tasks involved in the project it is evident that only 25% of the work has been completed. The team has spent $200,000 thus far. Answer the two questions below: 1. Describe the formula for each equation and provide the answer

Determine Earned Value (EV)
Determine Planned Value (PV)
Determine Cost Performance Index (CPI)
Determine Schedule Performance Index (SPI)
Cost Variance (CV)
Schedule Variance (SV)
2. What does this data tell you?

Sample Solution

A team contract is an agreement between you and your teammates about how you and your teammates will work together – a set of rules that you intend to follow. The following questions will assist you in determining what should be included in your team contract. You should also consider the positive and negative aspects of previous team project experiences. Here are some questions to think about. Your contract does not have to answer all of the questions below, but at least the bolded ones must be answered. Concentrate on the issues that are most essential to your team. At the end of the contract, all team members should sign their names to show that they agree with it.

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Variety Mark
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