Practice Standard For Earned Value Management

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The Standard for Earned Value Management

Author : Project Management Institute Project Management Institute
Publisher : Project Management Institute
ISBN 13 : 1628256397
Total Pages : 260 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis The Standard for Earned Value Management by : Project Management Institute Project Management Institute

Download or read book The Standard for Earned Value Management written by Project Management Institute Project Management Institute and published by Project Management Institute. This book was released on 2020-04-13 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide – Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.

Practice Standard for Earned Value Management

Author : Project Management Institute
Publisher :
ISBN 13 : 9781935589358
Total Pages : 0 pages
Book Rating : 4.5/5 (893 download)

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Book Synopsis Practice Standard for Earned Value Management by : Project Management Institute

Download or read book Practice Standard for Earned Value Management written by Project Management Institute and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents basic practice standards for the project management process, covering such topics as organizing a project, developing a schedule, establishing a budget, setting up a performance measure baseline, and analyzing project performance.

Practice Standard for Scheduling - Third Edition

Author : Project Management Institute
Publisher : Project Management Institute
ISBN 13 : 1628255625
Total Pages : 297 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Practice Standard for Scheduling - Third Edition by : Project Management Institute

Download or read book Practice Standard for Scheduling - Third Edition written by Project Management Institute and published by Project Management Institute. This book was released on 2019-05-02 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practice Standard for Scheduling—Third Edition provides the latest thinking regarding good and accepted practices in the area of scheduling for a project. This updated practice standard expounds on the information contained in Section 6 on Project Schedule Management of the PMBOK® Guide. In this new edition, you will learn to identify the elements of a good schedule model, its purpose, use, and benefits. You will also discover what is required to produce and maintain a good schedule model. Also included: a definition of schedule model; uses and benefits of the schedule model; definitions of key terms and steps for scheduling; detailed descriptions of scheduling components; guidance on the principles and concepts of schedule model creation and use; descriptions of schedule model principles and concepts; uses and applications of adaptive project management approaches, such as agile, in scheduling; guidance and information on generally accepted good practices; and more.

Earned Value Management

Author : Lingguang Song
Publisher : Project Management Institute
ISBN 13 : 1628251336
Total Pages : 92 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Earned Value Management by : Lingguang Song

Download or read book Earned Value Management written by Lingguang Song and published by Project Management Institute. This book was released on 2010-04-01 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Funded by a research grant from Project Management Institute (PMI) and PMI’s College of Performance Management (CPM), this study’s aim is to help project managers better comprehend and gauge the current level of EVM practice and its user base. A key element of the research is a survey of more than 600 project management practitioners, providing a cross-sectional view of the most current EVM practices. To provide practical and meaningful comparison of EVM practice, respondents are classified by industry sector, motivation for EVM usage, organization role, and geographic location.

A Practical Guide to Earned Value Project Management

Author : Charles I. Budd
Publisher : Berrett-Koehler Publishers
ISBN 13 : 1523097027
Total Pages : 326 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis A Practical Guide to Earned Value Project Management by : Charles I. Budd

Download or read book A Practical Guide to Earned Value Project Management written by Charles I. Budd and published by Berrett-Koehler Publishers. This book was released on 2009-10 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Best Resource on Earned Value Management Just Got Better! This completely revised and updated guide to earned value (EV) project management is the go-to choice for both corporate and government professionals. A Practical Guide to Earned Value Project Management, Second Edition, first offers a general overview of basic project management best practices and then delves into detailed information on EV metrics and criteria, EV reporting mechanisms, and the 32 criteria of earned value management systems (EVMS) promulgated by the American National Standards Institute and the Electronic Industries Alliance and adopted by the Department of Defense. This second edition includes new material on: • EV metrics • Implementing EVMS • Government contracts • Time-based earned schedule metrics • Critical chain methodologies

PMP Exam Master Prep

Author : Scott Payne
Publisher : PMP Master Prep
ISBN 13 : 9780996340656
Total Pages : 350 pages
Book Rating : 4.3/5 (46 download)

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Book Synopsis PMP Exam Master Prep by : Scott Payne

Download or read book PMP Exam Master Prep written by Scott Payne and published by PMP Master Prep. This book was released on 2018-02-08 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Performance-Based Earned Value

Author : Paul Solomon
Publisher : Wiley-IEEE Computer Society Press
ISBN 13 :
Total Pages : 322 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Performance-Based Earned Value by : Paul Solomon

Download or read book Performance-Based Earned Value written by Paul Solomon and published by Wiley-IEEE Computer Society Press. This book was released on 2007 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: A complete toolkit for implementation of Earned Value Management Performance-Based Earned Value uniquely shows project managers how to effectively integrate technical, schedule, and cost objectives by improving earned value management (EVM) practices. Providing innovative guidelines, methods, examples, and templates consistent with capability models and standards, this book approaches EVM from a practical level with understandable techniques that are applicable to the management of any project. Clear and unambiguous instructions explain how to incorporate EVM with key systems engineering, software engineering, and project management processes such as establishing the technical or quality baseline, requirements management, using product metrics, and meeting success criteria for technical reviews. Detailed information is included on linking product requirements, project work products, the project plan, and the Performance Measurement Baseline (PMB), as well as correlating technical performance measures (TPM) with EVM. With straightforward instructions on how to use EVM on a simple project, such as building a house, and on complex projects, such as high-risk IT and engineering development projects, it is the only book that includes excerpts from the PMI®'s Project Management Body of Knowledge (PMBOK®), CMMI, the EVM System standard, systems engineering standards, federal acquisition regulations, and Department of Defense guides. Performance-Based Earned Value allows both novices and experienced project managers, including project manager of suppliers and customers in the commercial and government sectors; software and systems engineering process improvement leaders; CMMI appraisers; PMI members; and IEEE Computer Society members to: Incorporate product requirements and planned quality into the PMB Conduct an Integrated Baseline Review Analyze performance reports Perform independent assessments and predictive analysis Ensure that key TPMs are selected, monitored, and reported Identify the right success criteria for technical reviews Develop techniques for monitoring and controlling supplier performance Integrate risk management with EVM Comply with government acquisition policies and regulations Written by Paul Solomon and Ralph Young, internationally recognized industry experts, Performance-Based Earned Value is constructed from guidance in standards and capability models for EVM, systems engineering, software engineering, and project management. It is the complete guide to EVM, invaluable in helping students prepare for the PMI®-PMP® exam with practical examples and templates to facilitate understanding, and in guiding project professionals in the private and public sectors to use EVM on complex projects. (PMI, PMBOK, PMP, and Project Management Professional are registered marks of the Project Management Institute, Inc.)

The Standard for Risk Management in Portfolios, Programs, and Projects

Author : Project Management Institute
Publisher : Project Management Institute
ISBN 13 : 1628255668
Total Pages : 218 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis The Standard for Risk Management in Portfolios, Programs, and Projects by : Project Management Institute

Download or read book The Standard for Risk Management in Portfolios, Programs, and Projects written by Project Management Institute and published by Project Management Institute. This book was released on 2019-04-22 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update and expansion upon PMI's popular reference, The Practice Standard for Project Risk Management. Risk Management addresses the fact that certain events or conditions may occur with impacts on project, program, and portfolio objectives. This standard will: identify the core principles for risk management; describe the fundamentals of risk management and the environment within which it is carried out; define the risk management life cycle; and apply risk management principles to the portfolio, program, and project domains within the context of an enterprise risk management approach It is primarily written for portfolio, program, and project managers, but is a useful tool for leaders and business consumers of risk management, and other stakeholders.

Earned Value Project Management

Author : Quentin W. Fleming
Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Earned Value Project Management by : Quentin W. Fleming

Download or read book Earned Value Project Management written by Quentin W. Fleming and published by . This book was released on 2000 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earned value is a project management technique that is emerging as a valuable tool in the management of all projects, including and, in particular, software projects. In its most simple form, earned value equates to fundamental project management. This is not a new book, but rather it is an updated book. Authors Quentin Fleming and Joel Koppelman have made some important additions. In many cases, there will be no changes to a given section. But in other sections, the authors have made substantial revisions to what they had described in the first edition. Fleming and Koppelman's goal remains the same with this update; describe earned value project management in its most fundamental form, for application to all projects, of any size or complexity. Writing in an easy-to-read, friendly, and humorous style characteristic of the best teachers, Fleming and Koppelman have identified the minimum requirements that they feel are necessary to use earned value as a simple tool for project managers. They have also witnessed the use of simple earned value on software projects, and find it particularly exciting. Realistically, a Cost Performance Index (CPI) is the same whether the project is a multibillion-dollar high-technology project, or a simple one hundred thousand-dollar software project. A CPI is a CPI ... period. It is a solid metric that reflects the health of the project. In every chapter, Fleming and Koppelman stick with using simple stories to define their central concept. Their project examples range from peeling potatoes to building a house. Examples are in rounc numbers, and most formulas get no more complicated than one number divided by another. Earned Value ProjectManagement--second edition may be the best-written, most easily understood project management book on the market today. Project managers will welcome this fresh translation of jargon into ordinary English. The authors have mastered a unique early-warning signal of impending cost problems in time for the project manager to react.

Earned Schedule

Author : Walter Lipke
Publisher : Gatekeeper Press
ISBN 13 : 1662952880
Total Pages : 202 pages
Book Rating : 4.6/5 (629 download)

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Book Synopsis Earned Schedule by : Walter Lipke

Download or read book Earned Schedule written by Walter Lipke and published by Gatekeeper Press. This book was released on 2024-06-03 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for those who use Earned Value Management (EVM), including project managers, engineers and performance analysts. Earned Schedule (ES) is a significant enhancement to EVM, extending its cost-based features to the management and control of schedule performance. By using ES and EVM together, project management of cost and schedule can now be treated in a truly integrated sense. The book builds from the fundamentals of EVM to derive the concept of ES. The performance measurement baseline and earned value from EVM are utilized to extract time-based performance measures, indicators, and predictors. From this foundation, complexity is incrementally added with descriptions and examples for performance analysis, prediction and project control. Specific features of ES useful to project management are included and illustrated for the following: forecasting of completion date, analysis of critical path, drill-down identification of process constraints, impediments, and areas of concern for rework.

Practice Standard for Project Configuration Management

Author : Project Management Institute
Publisher : Project Management Institute
ISBN 13 : 1935589954
Total Pages : 70 pages
Book Rating : 4.9/5 (355 download)

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Book Synopsis Practice Standard for Project Configuration Management by : Project Management Institute

Download or read book Practice Standard for Project Configuration Management written by Project Management Institute and published by Project Management Institute. This book was released on 2007-04-01 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most projects present teams with challenges relating to time, cost and scope. Careful management of these project elements allows projects to be completed successfully. In order to guide a project's direction, project managers utilize the process of configuration management. Project configuration management is the collective body of processes, activities, tools, and methods used to manage certain items during the project lifecycle. Configuration management is implemented to actively guide the direction of the project and support communication that will facilitate successful completion. Due to the increasing complexity of projects and greater competition among companies, the knowledge of configuration management techniques is more important than ever.

Measuring Time

Author : Mario Vanhoucke
Publisher : Springer Science & Business Media
ISBN 13 : 144191014X
Total Pages : 184 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Measuring Time by : Mario Vanhoucke

Download or read book Measuring Time written by Mario Vanhoucke and published by Springer Science & Business Media. This book was released on 2009-10-09 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meant to complement rather than compete with the existing books on the subject, this book deals with the project performance and control phases of the project life cycle to present a detailed investigation of the project’s time performance measurement methods and risk analysis techniques in order to evaluate existing and newly developed methods in terms of their abilities to improve the corrective actions decision-making process during project tracking. As readers apply what is learned from the book, EVM practices will become even more effective in project management and cost engineering. Individual chapters look at simulation studies in forecast accuracy; schedule adherence; time sensitivity; activity sensitivity; and using top-down or bottom-up project tracking. Vanhoucke also offers an actual real-life case study, a tutorial on the use of ProTrack software (newly developed based on his research) in EVM, and conclusions on the relative effectiveness for each technique presented.

Practice Standard for Work Breakdown Structures - Third Edition

Author : Project Management Institute
Publisher : Project Management Institute
ISBN 13 : 1628256206
Total Pages : 255 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Practice Standard for Work Breakdown Structures - Third Edition by : Project Management Institute

Download or read book Practice Standard for Work Breakdown Structures - Third Edition written by Project Management Institute and published by Project Management Institute. This book was released on 2019-06-27 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Work Breakdown Structure (WBS) serves as a guide for defining work as it relates to a specific project's objectives. This book supplies project managers and team members with direction for the preliminary development and the implementation of the WBS. Consistent with A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition, the WBS Practice Standard presents a standard application of the WBS as a project management tool. Throughout the book, the reader will learn what characteristics constitute a high-quality WBS and discover the substantial benefits of using the WBS in every-day, real-life situations.

Earned Value Management

Author :
Publisher :
ISBN 13 : 9781903494264
Total Pages : 0 pages
Book Rating : 4.4/5 (942 download)

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Book Synopsis Earned Value Management by :

Download or read book Earned Value Management written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Standard for Earned Value Management

Author :
Publisher : Project Management Institute Incorporated
ISBN 13 : 9781628256406
Total Pages : pages
Book Rating : 4.2/5 (564 download)

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Book Synopsis The Standard for Earned Value Management by :

Download or read book The Standard for Earned Value Management written by and published by Project Management Institute Incorporated. This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide - Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization"--

Practice Standard for Work Breakdown Structures - Third Edition

Author : Project Management Institute
Publisher :
ISBN 13 : 9781628256192
Total Pages : 0 pages
Book Rating : 4.2/5 (561 download)

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Book Synopsis Practice Standard for Work Breakdown Structures - Third Edition by : Project Management Institute

Download or read book Practice Standard for Work Breakdown Structures - Third Edition written by Project Management Institute and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earlier edition issued as: Project Management Institute practice standard for work breakdown structures.

Standard for Organizational Project Management (OPM)

Author :
Publisher : Project Management Institute
ISBN 13 : 1628255544
Total Pages : 91 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Standard for Organizational Project Management (OPM) by :

Download or read book Standard for Organizational Project Management (OPM) written by and published by Project Management Institute. This book was released on 2018-06-21 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: PMI's latest foundational standard, The Standard for Organizational Project Management (OPM), expands upon the popular Implementing Organizational Project Management: A Practice Guide, published in 2014. This newly-created standard is a result of survey feedback that revealed acceptance of the approach and increasing interest in an expanded version. OPM is defined as the integration of people, knowledge, and processes, supported by tools across all functional domains of the organization. The approach further advances an organization's performance by developing and linking portfolio, program, and project management principles and practices with organizational enablers (e.g., structural, cultural, technological, and human resource practices) and business processes to support strategic objectives. OPM helps organizations deliver value through the following principles:•Aligning strategy•Consistent execution and delivery•Cross-functional collaboration•Adding value to the organization•Continuous training Although useful for any organization that is seeking to better meet its strategic objectives, this standard is particularly beneficial for organizations that do not have a unified project management approach.