Tag: earned value

PM Tip, Week of 15 September

From Risk Assessment Framework: Successfully Navigating Uncertainty. Look for news of publication in late October, early November. Related Posts:PM Tip, Week of 17 SeptemberDivided We Fail: Successfully Managing…PM Tip, Week of 11 NovemberPM Tip, Week of 19 NovemberPM Tip, Week of 12 November

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PM Tip, Week of 18 November

Related Posts:PM Tip, Week of 26 NovemberPM Tip, Week of 5 NovemberPM Tip, Week of 12 NovemberPM Tip, Week of 19 NovemberPM Tip, Week of 4 November

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PMP® Challenge Question – 2/1

There were no correct responses to the last challenge question, so I’ll hold those questions for future use. Here’s a fresh question to start off February: An Earned Value Analysis for a recently closed out project revealed: SPI = 0.7, CPI = 1.0 State at least THREE conclusions you can draw from this statement. See […]

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Earn Your Value (Part III)

To recap parts one and two of this post, we saw: – how earned value is useful for monitoring both costs and schedule – the basic formulas used to see if our projects are off track (and by how much) – the recommendation that earned value be looked at weekly – the ideal values for […]

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Earn Your Value (Part II)

Last week we looked at the basic principles and formulas surrounding Earned Value Management. While the full practice of EVM may be very complex, it also provides a simple way to update clients on the status of smaller projects. But before we look at the “how”, let’s take a look at the “how often”. The […]

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Earn Your Value (Part I)

As I was thinking about what to write this week, I noticed my only mention of Earned Value Management was both brief and some time ago. Its an important topic, so I’m going to devote my next three entries to it. This week, we’re going to look at the basics. Next week, we’ll look at […]

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Keeping Your Project on Track with Earned Value

A lot of folks in San Diego wonder how the construction of Petco Park, a managed project, could have possibly spent all the funding before it was half completed without anyone knowing. While I certainly don’t have proof as to the actual cause, there is one very good way projects can get into this state […]

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