Earned Value – Why do I need it? To paraphrase the words of the Project Management Institute’s standard, when I rely only on a project schedule of tasks, finish dates, and % complete, I will not know where the project is or where it is going. I will simply know where the project was supposed [...]
Filed under: Methodology, Tools | Tagged: AC, baseline, Earned Value, EV, Project Management, PV, schedule, WBS | Leave a Comment »
4. Use Earned value to track schedule and budget progress against plan. Consider that the “Must finish on time” 6 month project you are leading has burned up 80% (5 months) of the calendar. You request an update to senior executives where you report that the team has determined that they need an extra month [...]
Filed under: Project Management Ideas | Tagged: Change Request, Earned Value, Issue, Project Management, schedule, Status | Leave a Comment »
We all hear it. “We need someone who gets it.” What is it? How do I get some? Do I read and follow the Project Management Institute’s recently published fourth update to the Project Management Book of Knowledge (PMBOK)? What about Agile, ITIL (Information Technology Information Library), PRINCE2 (PRojects IN Controlled Environments) and all the other approaches to managing [...]
Filed under: Project Management Ideas | Tagged: Agile, Excellence, ITIL, PMI, PRINCE2, Project Management | Leave a Comment »
