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Tag Archives: EVM

Earned Schedule Management (ESM)

Imagine the following scenario. You are working on a software implementation project, which has 10 modules to complete. The cost of each module is US$100,000, and you want to complete the project in 10 months. The project actually took 12 months to complete with a cost of US$1.3M. Because of regulatory compliance, you have to…

Getting Earned Value Metrics from Microsoft Project

You may snicker to think that Microsoft Project can serve as a tool for producing earned value metrics. After all, there are highly complex, dedicated products that perform this job. In this article I won’t attempt to cover all the necessary aspects and nuances of using Project as an EV tool; but I will discuss…

5 Things to Know about Microsoft Project Baselines

The baseline — whether it be about the schedule, the budget or the scope — is essential in projects. Without it you have no way to measure the performance of your work. But there may be a few things you don’t know about baselines in Microsoft Project. In this article I share five facets of…

Get rid of your last separate Excel sheets: Use your MS project schedule for project financials

Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDU in the Strategic category of the Talent Triangle. Event Description: Many, many times we see that project timing and project resourcing are managed in MS Project, while project finances are kept in Excel. Using the financial governance capabilities in MS…

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 often an unexploited area. If you think about it, this is a waste. Assuming you add rates to resources in Project, that gets you halfway;…

Agile is Not Always the Answer — How to Determine the Right Scheduling Approach for your Project

Project Management Institute (PMI)® Professional Development Units (PDUs): This Webinar is eligible for 1 PMI® PDU in the Strategic category of the Talent Triangle. Event Description: There are several scheduling approaches for projects: Agile, Critical Path, Resource-Critical Path, Critical Chain, Earned Value and Earned Work. In his article published in the MPUG-newsletter,  Eric proposed a framework with…

QuantumPM – Earned Value Manager

Earned Value Manager is produced by QuantumPM. Product Summary: This program uses the project’s work breakdown structure (WBS) to lock in the controls needed for earned value management. Capabilities: Allows users to compare their progress with “work packages” to analyze tasks that have been completed Integrates with Microsoft Project and select financial systems to look at scheduling,…

Webinar: “EVM” Part 2 – Earned Value Management – Not Just Another 3 Letter Acronym!

Project Management Institute (PMI)® Professional Development Units (PDUs): This webinar is eligible for 1 Category A PMI® PDUs in the Technical Project Management talent triangle category. If you are claiming this session, you must submit it to your MPUG Webinar History after it has been completed in its entirety. Event Description: Due to a great…

Forecast Scheduling

This article is an excerpt from the book “Forecast Scheduling with Microsoft Project 2013” by Eric Uyttewaal. See more info about how to order this book below.  What is a ‘Project Schedule’? If you ask your team members or executives what a “project schedule” is, you will probably get an answer like: the things you…

Webinar: “EVM” – Earned Value Management – Not Just Another 3 Letter Acronym!

  Project Management Institute (PMI)® Professional Development Units (PDUs): This webinar is eligible for 1 Category A PMI® PDUs in the Technical Project Management talent triangle category. If you are claiming this session, you must submit it to your MPUG Webinar History after it has been completed in its entirety. Event Description: Earned Value Management…

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