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Project Performance Measurement Using Earned Value
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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.
Book Synopsis Project Performance Measurement Using Earned Value by :
Download or read book Project Performance Measurement Using Earned Value written by and published by . This book was released on 2003 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis AS 4817-2006 by : Standards Australia Limited
Download or read book AS 4817-2006 written by Standards Australia Limited and published by . This book was released on 2006 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Using Earned Value written by Alan Webb and published by Routledge. This book was released on 2017-05-15 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of 'earned value' as a project management tool has been around since the 1960s; although recognized as an important technique and widely used on US Government contracts, it failed to excite much interest in the wider world because of its specifically American requirements and the cumbersome, prescriptive bureaucracy that seemed to accompany it. Recently however, with the advent of suitable software and used in a much more flexible way, there has been a growth in interest among project managers. Crucially it has been recognised that this technique can be helpful in a wide variety of projects of almost any size, not just government projects costing billions of pounds. In essence, earned value allows the project manager a more precise view of actual project performance in terms of both value generated and schedule progress than is possible with any other approach. Alan Webb's concise guide provides practising project managers with everything they need to: ¢ assess the appropriateness and benefits of the earned value process for both their project(s) and their organization; ¢ appreciate, understand and learn the techniques involved; ¢ identify how to apply the data to manage projects with flexibility, pragmatism and rigour; ¢ understand the different features and benefits of the various software packages available; ¢ plan for the introduction of an earned value methodology, anticipating both the systems and people problems they may face. The book uses worked examples, cases and anecdotes from the author's own extensive experience to bring this technical subject to life. Alan's writing style is direct and economical, which means that whether you are dipping into chapters for reference or reading about the process from cover to cover, everything he has to say is pertinent and helpful.
Book Synopsis Fundamentals of Project Performance Measurement by : Robert Raynier Kemps
Download or read book Fundamentals of Project Performance Measurement written by Robert Raynier Kemps and published by . This book was released on 1992 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Measuring Performance and Benchmarking Project Management at the Department of Energy by : National Research Council
Download or read book Measuring Performance and Benchmarking Project Management at the Department of Energy written by National Research Council and published by National Academies Press. This book was released on 2005-08-01 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1997, Congress, in the conference report, H.R. 105-271, to the FY1998 Energy and Water Development Appropriation Bill, directed the National Research Council (NRC) to carry out a series of assessments of project management at the Department of Energy (DOE). The final report in that series noted that DOE lacked an objective set of measures for assessing project management quality. The department set up a committee to develop performance measures and benchmarking procedures and asked the NRC for assistance in this effort. This report presents information and guidance for use as a first step toward development of a viable methodology to suit DOE's needs. It provides a number of possible performance measures, an analysis of the benchmarking process, and a description ways to implement the measures and benchmarking process.
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.)
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)
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.
Book Synopsis Project performance measurement using Earned Value by :
Download or read book Project performance measurement using Earned Value written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Project Management Using Earned Value by : Gary C. Humphreys
Download or read book Project Management Using Earned Value written by Gary C. Humphreys and published by Humphreys & Assoc. This book was released on 2002-01-01 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Project performance measurement using Earned Value by :
Download or read book Project performance measurement using Earned Value written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis EARNED VALUE MANAGEMENT: Integrated View of Cost and Schedule Performance by : Piyush Solanki
Download or read book EARNED VALUE MANAGEMENT: Integrated View of Cost and Schedule Performance written by Piyush Solanki and published by Global India Publications. This book was released on 2009 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is organized with a brief overview of EVM, highlighting the key management questions EVM can help answer and exploring where EVM fits into the projet management universe. It also emphasizes EVM Performance Analysis and contains the basic elements of Earned Value Management. This book also outlines basic EVM practices in their project management context and shows how EVM practices facilitate project planning and control for better management of project cost and schedule performance.
Book Synopsis Earned Value Management for Project Performance Measurement at the Texas Department of Transportation by : Rayappu Anton Jeyakumar
Download or read book Earned Value Management for Project Performance Measurement at the Texas Department of Transportation written by Rayappu Anton Jeyakumar and published by . This book was released on 2013 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earned Value Management (EVM) is a project management technique for measuring project performance and progress in an objective manner. It allows the Project Managers to report how a project is performing in relation to cost and schedule at a specific point in time. EVM allows early identification of trends and variances from the plan, and provides accurate forecasts of project performance problems. The goal of this research is to explore the history of Earned Value and to develop the framework for possible implementation within the agency. In addition, another goal is to perform a case study consisting of implementation of an EVM System at the Texas Department of Transportation (TxDOT) for the Plan-Development Phase of a roadway project. This report explores the fundamental challenges in using EVM with Plan-Development phase and proposes adaptations to some EVM principles to perform more appropriately for present need. This helps management to gain valuable insight into project performance and to measure both efficiency and effectiveness of the use of resources for some particular purpose.
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.
Book Synopsis Using Earned Value for Performance Measurement on Software Development Projects by :
Download or read book Using Earned Value for Performance Measurement on Software Development Projects written by and published by . This book was released on 1995 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The earned value method is an internationally recognized project management tool for measuring progress on projects. Despite its popularity, it has not been widely applied on software development projects. This paper proposes the use of earned value on software development projects. After a brief description of the earned value method seven software metrics appropriate for earned value application are described. The use of these metrics should facilitate more effective management of software development projects.
Book Synopsis Earned Value Project Management (Fourth Edition) by : Quentin W. Fleming
Download or read book Earned Value Project Management (Fourth Edition) written by Quentin W. Fleming and published by Project Management Institute. This book was released on 2016-12-20 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earned Value Project Management (EVPM) is a methodology used to measure and communicate the real physical progress of a project taking into account the work completed, the time taken and the costs incurred to complete that work. As a result, EVPM allows more educated and effective management decision-making, which helps evaluate and control project risk by measuring project progress in monetary terms. In the first two editions of Earned Value Project Management, Quentin W. Fleming and Joel M. Koppelman provided guidance for project management practitioners already familiar with EVPM, was well as those who were new to the use of this technique. The third edition expanded the information available on of EVPM for medium and smaller projects while still being relevant for larger projects. An important addition to Earned Value Project Management &– Fourth Edition is the discussion of the two perceptions of the EVM concept. Both are valid, but one is better suited to the management of major projects while the other appropriate for use on all projects. The authors cover both perceptions in this book, with a bias in favor of simple, broad-based EVM for use on all projects.
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:
