Browsing All posts tagged under »Earned Value Management«

Earned Value Management – CPI and SPI

November 9, 2013 by

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Cost Performance Index (CPI) and Schedule Performance Index (SPI) are indicators of how closely accomplished work is on budget and on schedule. CPI shows how many dollars (or other type of currency) worth of work is being accomplished for every dollar spent. SPI shows how the work is progressing compared to the original schedule. The […]

Virtual Teams – Conflict Resolution, Prove and Triumph

January 25, 2011 by

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Prove it Maneuvering the political gauntlet through artful conversation and word-smithing will not resolve conflict.  Nothing will stop conflict the like graceful execution and control of a project that leads to on time, on budget completion. This is the area where the project management fundamentals are a focal point.  Earned value may not be glamorous, […]

2010 in review

January 2, 2011 by

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The stats helper monkeys at WordPress.com mulled over how this blog did in 2010, and here’s a high level summary of its overall blog health: The Blog-Health-o-Meter™ reads Wow. Crunchy numbers A helper monkey made this abstract painting, inspired by your stats. About 3 million people visit the Taj Mahal every year. This blog was […]

To-Complete Performance Index

August 27, 2009 by

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The To-Complete Performance Index (TCPI) estimates the cost performance necessary in order for the project to meet the original project’s budget goal (Budget At Completion (BAC)) or the new estimate of how much the project will cost (Estimate At Completion (EAC)). This is accomplished by calculating how much work is remaining on the project divided […]

Estimate at Completion – Present CPI Method

August 25, 2009 by

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The Budget at Completion (BAC) is how much the project is supposed to cost when finished. However, during the project it may become clear that the project will not end up costing what it is supposed to cost. The Estimate at Completion (EAC) replaces the BAC for the amount that the project is now believed […]

Earned Value Management – CPI and SPI

August 20, 2009 by

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Cost Performance Index (CPI) and Schedule Performance Index (SPI) are indicators of how closely accomplished work is on budget and on schedule. CPI shows how many dollars (or other type of currency) worth of work is being accomplished for every dollar spent. SPI shows how the work is progressing compared to the original schedule. The […]

Earned Value Management – CV and SV

August 19, 2009 by

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Cost Variance (CV) and Schedule Variance (SV) are indicators of how closely accomplished work is on budget and on schedule. The formula for CV = EV – AC and the formula for SV = EV – PV. Both of these formulas begin with Earned Value (EV), which is the value of the work already accomplished. […]