Analytical Hierarchy Process Earned Value And Other Project Management Themes
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Author | : Ricardo Viana Vargas |
Publisher | : |
Total Pages | : 248 |
Release | : 2019-01-07 |
Genre | : |
ISBN | : 9781793390547 |
Technical articles from 1999 to 2018 that will help the understanding of the project management context.
Author | : Ricardo Viana Vargas |
Publisher | : CreateSpace |
Total Pages | : 188 |
Release | : 2014-09-26 |
Genre | : Business & Economics |
ISBN | : 9781502528124 |
Twelve technical articles from 1999 to 2014 that will help the understanding of the project management context.
Author | : Project Management Institute Project Management Institute |
Publisher | : Project Management Institute |
Total Pages | : 260 |
Release | : 2020-04-13 |
Genre | : Business & Economics |
ISBN | : 1628256397 |
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.
Author | : John Carroll |
Publisher | : In Easy Steps |
Total Pages | : 257 |
Release | : 2017-09-28 |
Genre | : |
ISBN | : 1840787805 |
Measuring Project Progress What we are concerned with in project management has been defined as the Iron Triangle of: Time, Cost and Scope. Traditional project management methodology tends to focus on time and cost, as scope is fixed, isn’t it? But the way progress is typically reported is through the Gantt (or bar) chart, and in particular a tracking Gantt chart illustrates where a project currently is against the schedule. Also typically, the accounts department will produce reports on cost against budget, but this just shows what we have spent up to the last accounting period against the total budget. But this doesn’t really tell us exactly where we are in terms of progress today and where we will be at the end of the project. And that is precisely why Earned Value Management was developed. Earned Value Management Earned Value Management (EVM) helps us to determine the real status of a project. As well as telling us how much time and money we have spent, it also shows us how much we have achieved. Further, it tells us how much we still need to do and provides a good indication of final costs and expected completion dates of the project. EVM builds on, and therefore supports good project management practice and underpins good corporate governance. Its introduction can drive the cultural and organizational change key to supporting these objectives. In summary: It provides an objective measurement of what has been achieved on a project It enables accurate forecasting It provides project management information in a format that is easy for all stakeholders to understand and act upon It provides an early warning of problems, which allows the timely identification and analysis of progress and cost issues and corrective actions to be identified It shows stakeholders whether they’re getting value for money It enables detailed project comparisons across programs and portfolios It can be scaled to fit projects of all sizes and complexities It has the ability to combine measurements of scope, time and cost (the Iron Triangle) in a single integrated system In summary EVM provides a set of metrics that will enable you to accurately report on project progress to date and to completion. In addition, research has shown that the areas of planning and control are significantly improved by the use of EVM; and similarly, using the methodology improves both scope definition as well as the analysis of overall project performance. Finally it has shown that the use of EVM is a positive predictor of project success. Earned Value Management in easy steps covers: Introduction to EVM Key Elements of EVM EVM Project Life Cycle EVM Planning Using EVM EVM Reporting EVM Criteria EVM Lite Glossary of EVM Terms
Author | : Project Management Journal |
Publisher | : John Wiley & Sons |
Total Pages | : 373 |
Release | : 2013-06-26 |
Genre | : Business & Economics |
ISBN | : 1118586735 |
The development of the Agile Movement, whatever the area of application or discipline, comes from the famous “faster, cheaper, better" maxim. As such, the agile manufacturing paradigm rests on four principles: response to change and uncertainty, supplying highly customized products, synthesis of diverse technologies, and intra-enterprise and inter-enterprise integration. For the reader interested in agile project management applications, response to changes, and transformations and its impact on managing projects, this book is a must-read. Various insights are covered, including: how to master complexity and changes in projects, economy, and society; how interaction between the project management team and project owners can influence risk management; how to move beyond the traditional mechanistic project management approach; how to include agile principles into an improved Logical Framework Analysis structure; what the impact is of agile principles on project management organizations what kind of innovative project management practice supports agile principles; and much more.
Author | : |
Publisher | : Project Management Institute Incorporated |
Total Pages | : |
Release | : 2019 |
Genre | : Project management |
ISBN | : 9781628256406 |
"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"--
Author | : Project Management Institute |
Publisher | : |
Total Pages | : 0 |
Release | : 2011 |
Genre | : Project management |
ISBN | : 9781935589358 |
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.
Author | : Alan Webb |
Publisher | : |
Total Pages | : 130 |
Release | : 2003 |
Genre | : |
ISBN | : 9782002035440 |
Author | : Lingguang Song |
Publisher | : |
Total Pages | : 0 |
Release | : 2010 |
Genre | : Earned Value Management (EVM) |
ISBN | : 9781935589068 |
"This study was funded by a research grant from the Project Management Institute (PMI) and PMI's College of Performance Management (CPM)"--P. xi.
Author | : Roland Wanner |
Publisher | : |
Total Pages | : 208 |
Release | : 2020-02-16 |
Genre | : |
ISBN | : |
Discover How to Make Your Project Control Even More Effective and Bring More Transparency and Security to Your Projects This book covers the basic concepts of EARNED VALUE MANAGEMENT in an easy understandable way. You will find on more than 200 pages comprehensive knowledge about Earned Value Management, simply explained with more than 50 illustrations - and aligned with the PMBOK® Guide.. Project control and reporting of costs, schedules, technical progress and risks is essential in projects. With EARNED VALUE MANAGEMENT (EVM) you get an extremely effective project control tool to bring the necessary transparency and security to your projects. Find out the answers to this difficult questions: The actual costs are lower than the planned costs. Does this mean that the project is working well or that it is behind schedule? The actual costs are higher than the planned costs and the project is half completed. What are the estimated costs of the project when it is completed? When will the project be completed? How efficiently are we using our time and resources? How much will the profit or ROI be at the end of the project? With the answers to these questions you will quickly know the real status and health of your project. Overly optimistic estimates regarding actual project progress are quickly revealed with the EVM performance figures. This way you obtain early warning signals to manage y our project successfully and you can also make early forecasts of the project end costs and the probable project duration. In this book you will discover the most important concepts of Earned Value Management in order to apply it successfully. You will learn about the following topics: Project control fundamentals The Genesis of Earned Value Management What is Earned Value Management and why do we need it? Project and budget planning when using Earned Value Management The calculation of the Earned Values and its derived EVM performance figures Project monitoring and forecasts with EVM performance figures Reporting when using Earned Value Management Implementing Earned Value Management With its comprehensive glossary containing definitions of all key terms, this book is equally suitable as a comprehensive introduction and as a reference book for everyday work. This book is an indispensable manual for beginners in the EVM topic but also for experienced Project Managers, Project Controls Specialists and Project Portfolio Managers who have the first contact with EVM. The terminology used in this book is identical to the PMBOK® Guide Check out the preview (look inside) or download the free Kindle reading sample! Buy this book to make your projects even more successful!