Category: Cost Management
Efficiency KPI for Effective Project Management By Sam Miller An important key to a business’s success relies on proper management information. While ensuring cash flows and profitability, a business should also keep track of...
A Tale of Cost Performance Index and Schedule Performance Index (CPI and SPI) By Jason Becker Cost Performance Index (CPI) and Schedule Performance Index (SPI) are the yardsticks by which we measure how well...
Project overspend? Don’t worry about it By Harley Lovegrove The Triple Constraint and why not to ignore the cost (even if your client does not mind). Any project manager will tell you that the...
Agile Estimating – Estimation Approaches (#2 in the series Agile Estimation) By Mike Griffiths In the last post (Agile Estimation – Upfront Estimates) we covered the importance of engaging the right people in the...
Agile Estimation – Upfront Estimates (#1 in the series Agile Estimation) By Mike Griffiths This is the first of a couple of posts on agile estimation. I would like to thank Boris Mutafelija for...
Scope Creep Part 8 (#8 in the series Scope Creep) By Thomas Cutting Since we brought up the subject of budget, this is probably a good time to discuss how to handle the project...
Using Earned Value on Agile Projects By Mike Griffiths Q: Does Earned Value work for software projects? A: Absolutely, Earned Value Analysis (EVA) is a statically valid reporting approach that can be applied to...
Balancing Your Budget by Taking a Vacation By Thomas Cutting A word to the wise…do not go tent camping at Perris Lake, CA in August. You know you are in the wrong place when...
EVM Glossary By National Aeronautics and Space Administration (NASA) Actual Cost of Work Performed (ACWP). The costs actually incurred and recorded in accomplishing the work performed within a given time period. Actual Direct Costs...
Earned Value Management (EVM) Tutorial By National Aeronautics and Space Administration (NASA) Earned Value Management (EVM) is a program management technique that integrates technical performance requirements, resource planning, with schedules, while taking risk into...