Earned schedule: principles and practice - Association for Project ...

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Money (£)SV (t) monthsVariances – which would you believe?Cost & Schedule Variances00.0000-50-0.5000-100-1.0000-150-200-250Note how the “Classical”SV tends to zero!-1.5000-2.0000SV(£) cumtarget SVSV(t) cum-300-2.5000-350-400<strong>Earned</strong> Schedule variancetells a different story!-3.0000-450Time-3.5000
Money (£)SV (t) monthsVariances – which would you believe?Cost & Schedule Variances018.0000-50-10016.000014.000012.0000-15010.0000-2008.0000SV(£) cumtarget SVSV(t) cum-250-300Independent Estimate AtComplete (IEAC)6.00004.0000IECD(t)Delivery Date2.0000-3500.0000-400-2.0000-450Time-4.0000
Page 2 and 3: Introduction• What is Earned Sche
Page 4 and 5: Playing Devil‟s Advocate (2)• I
Page 6 and 7: Earned Schedule - a brief history
Page 8 and 9: Benefits of using Earned Schedule (
Page 10 and 11: Why use Earned Schedule?• Schedul
Page 12 and 13: Earned Schedule Calculation• ES (
Page 14 and 15: Calculating the Increment IPV CPV C
Page 16 and 17: 180>105Hence number ofperiods =1Cal
Page 20 and 21: To Complete Performance Index (time
Page 22 and 23: Milestone tracking - ES and PM‟s
Page 24 and 25: Potential rework?Schedule Adherence
Page 26 and 27: Earned Schedule research work…
Page 28: Available Resources• PMI-Sydney h

Earned schedule: principles and practice - Association for Project ...

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