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

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

by Charles I. Budd, Charlene M. Budd
October 2009
Intermediate to advanced
430 pages
8h 17m
English
Berrett-Koehler Publishers
Content preview from A Practical Guide to Earned Value Project Management, 2nd Edition

CHAPTER 16

 

Earned Schedule

Earned value cost metrics, such as cost variance (CV) and cost performance index (CPI), are intuitively obvious and informative of the condition of a project both during execution and when the project is completed. Derived measures, such as estimate at completion (EAC) and estimate to complete (ETC), likewise provide actionable information during a project and at the end.

EV schedule metrics, however, being in currency, are not intuitively obvious to most users and become absolutely misleading during the last half or two-thirds of a project. This is because at the completion of a project, the schedule variance (SV), in currency, is forced to zero and the schedule performance index (SPI) is forced to 1, meaning the ...

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Publisher Resources

ISBN: 9781567263374