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Earned Value Analysis

PMBOK

Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

Please find below a transcription of the audio portion of Jeff Bongiovani’s Overview of the PMBOK® Guide Seventh Edition – Lesson 3 being provided by MPUG for the convenience of our members. You may w...

Understanding Earned Value Fields

In the first article of this series, I discussed the importance of Earned Value Management, or EVM, which evaluates the performance of your project in terms of its schedule, cost, and work. Earned val...

Time is Money: The Importance of Earned Value Management

In my previous article, I discussed the importance of a baseline, and how, without one, a PM doesn’t have a yardstick, per se, to measure with. Project Management presents many tools and techniques fo...

Top Frustration #1: The Earned Value Analysis Problem

We recently ran a survey asking you to share your biggest frustration with available project management tools. As you can imagine, we’ve gotten some interesting results. One user responded and told us...

Earned Value Management (EVM) in Agile Development

In this article, we are going to explore Earned Value Management (EVM), a widely used traditional management technique, but we are going to look at it within the context of an Agile domain. Let’s cons...

Understanding the Cost Model in Microsoft Project

  Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDU in the Technical category of the Talent Triangle.   Event Description: Mi...

Calculating Project Costs in MS Project

How does Microsoft Project calculate project costs? Most people assume that the calculation of project cost is the result of the formula, Standard Rate x Work. Close, but no cigar! This simple formula...

Transitioning from PMBOK 5th Edition to PMBOK 6th Edition

Project Management Institute (PMI®)’s Project Management Body of Knowledge (PMBOK®) Guide has seen continuous upgrades since its publication for the first time in 1996. Every four to five years, aspir...

How to Do Your Cost Management Right in Project

Often, we see that project timing and project resourcing are managed in Microsoft Project, while project finances are kept in Microsoft Excel. Using the financial governance capabilities in Project is...

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