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Project Management, Planning and Control, 7th Edition by Albert Lester

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Chapter 33

Control Graphs and Reports

Abstract

The relationship between networks and earned value analysis (EVA) is demonstrated by an example of a boiler construction project in this chapter. The network shown in activity on arrow and activity on node format is converted into a bar chart with the man-hours added. These hours were then transferred to an EVA sheet, from which curves were generated showing the movement and trends of the actual hours, value hours (earned value), estimated final hours, percent complete and percent efficiency. The jargon terms budgeted cost of work performed, budgeted cost of work scheduled, actual cost of work performed, cost performance index, schedule performance index, actual time expended and budget at completion ...

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