The Standard For Earned Value Management

Author : Project Management Institute Project Management Institute
Publisher : Project Management Institute
Page : 260 pages
File Size : 45,9 Mb
Release : 2020-04-13
Category : Business & Economics
ISBN : 9781628256390

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The Standard for Earned Value Management by Project Management Institute Project Management Institute Pdf

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 : Unknown
Page : 0 pages
File Size : 42,6 Mb
Release : 2011
Category : Project management
ISBN : 1935589350

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Practice Standard for Earned Value Management by Project Management Institute Pdf

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 : Project Management Institute
Publisher : Project Management Institute
Page : 218 pages
File Size : 49,6 Mb
Release : 2019-04-22
Category : Business & Economics
ISBN : 9781628255669

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The Standard for Risk Management in Portfolios, Programs, and Projects by Project Management Institute Pdf

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.

Author : Quentin W. Fleming,Joel M. Koppelman
Publisher : Unknown
Page : 232 pages
File Size : 47,9 Mb
Release : 2000
Category : Business & Economics
ISBN : PSU:000050041176

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Earned Value Project Management by Quentin W. Fleming,Joel M. Koppelman Pdf

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.

Author : Charles I. Budd,Charles I. Budd PMP,Charlene M. Budd,Charlene M. Budd PhD, CPA, CMA, CFM, PMP
Publisher : Berrett-Koehler Publishers
Page : 326 pages
File Size : 48,8 Mb
Release : 2009-10
Category : Business & Economics
ISBN : 9781523097029

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A Practical Guide to Earned Value Project Management by Charles I. Budd,Charles I. Budd PMP,Charlene M. Budd,Charlene M. Budd PhD, CPA, CMA, CFM, PMP Pdf

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

Author : Project Management Institute
Publisher : Project Management Institute
Page : 297 pages
File Size : 40,9 Mb
Release : 2019-05-02
Category : Business & Economics
ISBN : 9781628255621

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Practice Standard for Scheduling - Third Edition by Project Management Institute Pdf

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.

Author : Paul Solomon,Ralph Young
Publisher : Wiley-IEEE Computer Society Press
Page : 322 pages
File Size : 46,7 Mb
Release : 2007
Category : Business & Economics
ISBN : UOM:39076002667520

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Performance-Based Earned Value by Paul Solomon,Ralph Young Pdf

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 : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 53,9 Mb
Release : 2008
Category : Program budgeting
ISBN : 1903494265

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Earned Value Management by Anonim Pdf

Author : Anonim
Publisher : Project Management Institute Incorporated
Page : 128 pages
File Size : 44,5 Mb
Release : 2019
Category : Project management
ISBN : 1628256400

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The Standard for Earned Value Management by Anonim Pdf

"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 : Mario Vanhoucke
Publisher : Springer Science & Business Media
Page : 184 pages
File Size : 55,9 Mb
Release : 2009-10-09
Category : Technology & Engineering
ISBN : 9781441910141

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Measuring Time by Mario Vanhoucke Pdf

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.

Author : Project Management Institute
Publisher : Unknown
Page : 0 pages
File Size : 49,5 Mb
Release : 2006-06
Category : Business & Economics
ISBN : 1930699425

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Practice Standard for Earned Value Management by Project Management Institute Pdf

The Practice Standard for Earned Value Management expands on the earned value information in A Guide to the Project Management Body fo Knowledge (PMBOK Guide) - Third Edition. EVM is often referred to as "management with the lights on" because it helps objectively and succincly identify where a project is where it is going. The methodology incorporates project scope, schedule and costs, and the process is applicable across many Knowledge Areas and Process Groups.

Author : Albert Lester
Publisher : Butterworth-Heinemann
Page : 460 pages
File Size : 52,7 Mb
Release : 2007
Category : Electronic books
ISBN : 075066956X

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Project Management, Planning and Control by Albert Lester Pdf

This fifth edition provides a comprehensive resource for project managers. It describes the latest project management systems that use critical path methods.

Author : Lingguang Song
Publisher : Project Management Institute
Page : 92 pages
File Size : 45,9 Mb
Release : 2010-04-01
Category : Business & Economics
ISBN : 9781628251333

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Earned Value Management by Lingguang Song Pdf

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.

Author : Quentin W. Fleming,Joel M Koppelman
Publisher : Project Management Institute
Page : 231 pages
File Size : 49,5 Mb
Release : 2016-12-20
Category : Business & Economics
ISBN : 9781935589419

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Earned Value Project Management - Fourth Edition by Quentin W. Fleming,Joel M Koppelman Pdf

Organizations that follow the principles of good Earned Value Management (EVM) create an environment that allows teams to successfully operate and thrive — even in the face of challenges that could negatively impact their projects.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.

Author : Project Management Institute Project Management Institute
Publisher : Project Management Institute
Page : 180 pages
File Size : 46,9 Mb
Release : 2020-04-24
Category : Business & Economics
ISBN : 9781628256437

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Practice Standard for Project Estimating - Second Edition by Project Management Institute Project Management Institute Pdf

Project estimating plays a vital role in project management. Typically completed in the initial planning stages, accurate project estimation can be a difficult task. Organizations and project managers should use these initial estimates to baseline the project schedule and cost, then refine these estimates as the project develops. Accurate estimation and refinement of the estimates leads to better and earlier decision making, thus maximizing value.Developed within the framework of A Guide to the Project Management Body of Knowledge (PMBOK&® Guide) &– Sixth Edition and other PMI standards, the Practice Standard for Project Estimating &– Second Edition focuses on providing models for the project management profession in both plan-driven and change-driven adaptive (agile) life cycles. This practice standard describes the aspects of project estimating that are recognized as good practice on most projects most of the time and that are widely recognized and consistently applied.PMI practice standards describe processes, activities, constraints, inputs, and outputs for specific discipline subject areas and are targeted to all practitioners within projectized organizations, not just project managers.