A Practical Guide to Earned Value Project Management, 2nd Edition

CHAPTER 7

 

The Schedule (Criteria 6–8)

“The first 90 percent of a project takes 90 percent of the time; the last 10 percent takes the other 90 percent of the time.”

— Unknown

A comprehensive project schedule, done properly, is the basic tool for EVMS. It helps determine activity and total project duration, shows the sequence of work, identifies task and resource dependencies, provides the ability to measure progress, and shows time periods when funding is required.

Criteria 6, 7, and 8 deal with project schedules. Criterion 6 requires a sequencing of work that identifies task interdependencies, while Criterion 7 requires schedule indicators for measuring progress. Criterion 8 mandates a time-phased budget baseline, which introduces the criteria ...