Earned Value Management is the most powerful project control method you can apply. In this article I will show you how you calculate the EVM performance indicators Schedule Variance (SV), Cost Variance (CV), Schedule Performance Indicator (SPI) and Cost Performance Indicator (CPI) to monitor your project and how to display them in graphs. These performance […]
Category Archives: Project Control
How to Make Your Status Meeting More Agile
In traditional projects, status meetings usually take place every week or every 2 weeks and last, last … and often last a very long time. Most of the time there is an agenda, but I often find that there is a lot of discussion at these meetings and that people want to solve problems in […]
How to Communicate Even More Successfully as a Project Manager
Project communication does not seem to have a high priority in project management, although we communicate in projects multiple times a day—with team members and stakeholders. Communication is not only indispensable in our daily lives, but also in projects the means or perhaps better the “fuel” or the “lubricating oil” that drives the project forward, […]
Project Marketing Makes Your Project Even More Successful
The success of your project depends not only on how well you as a project manager work with your team, but also on how stakeholders perceive it and how they support your project. Therefore, as a project manager you have to sell your project well so that it is known and perceived positively. Every project […]
Project Monitoring With Management By Wandering Around (MBWA)
Many project managers only use analytical methods such as budget/actual comparison, milestone trend analysis or Earned Value Management for project monitoring and control. With these methods, however, you do not capture the current status of the project. I will show you in this article how you get faster and more direct feedback on project progress […]
Project Control for Agile Projects – Part 1 Planning
Project control for agile projects is slightly different than for “normal” projects because of the self-organizing teams – especially because there is usually no project manager and no project controller. In this and the next article you will get an overview of how project control is carried out in agile projects. This article shows you […]
Project Problems Are Defined in the Initialization Phase – NASA Rule #15
Approximately 70% of all projects end well above the defined budget or deadline or do not deliver the originally defined features or functions. What is known about failed projects is often only the tip of the iceberg. An important point that is responsible for this: little attention is paid to the initialization phase of the […]
The EIA-748 and the 32 EVMS Criteria
If you want or need to apply Earned Value Management (EVM), you will very often be confronted with the EIA-748 standard with the the 32 EVMS Criteria. This standard has been around since 1998, but has a long history. In April 2018, ISO published its own EMV standard, ISO 21508, for the first time. In […]