A Brief Introduction to EVM Earned Value Management is the key to unlocking the door to a plethora of project status metrics is earned value, which is a way of placing a value on the progress of work achieved. But how is earned value specified? Much in Earned Value Management (EVM) hinges on the monetized […]
WBS Schedule Pro Software and WBS Charts
It is possible to print a nice hierarchical Work Breakdown Structure (WBS) chart of your Microsoft Project schedule by using Critical Tools, Inc. WBS Schedule Pro software. The WBS is an important project management tool. The WBS is a hierarchical breakdown of all project deliverables. The WBS also displays the entire scope of the project. […]
Primavera P6 EPPM WBS Summary Activity Type & Top-Down Estimates
Using WBS summary activity type & top-down estimates in Primavera P6. It is possible in Primavera P6 Enterprise Project Portfolio Management (EPPM) to compare top down estimates beside bottom up estimates. Determining accurate project costs is one of the more challenging efforts in the project management and scheduling process. Top down cost estimates are usually […]
How To Secure Team Support for EVM
EVM (Earned Value Management) is a tried-and-tested way of managing project performance. But it has a reputation for being difficult to implement and hard to manage. If you’ve made the decision to implement Earned Value Management for project monitoring in your business, you’ll need to overcome a degree of healthy skepticism from your project management […]
Milestone Types
Milestones appear as little black diamonds on the Gantt chart and like diamonds, milestones are multifaceted. You can use different milestone types to mark numerous types of events. Milestones are unique activities; they have no duration or resource assignments. Like other activities, however, they do have relationship assignments. But milestones primarily are markers placed at […]
Shading Non-Work Time in Primavera P6 EPPM
The Gantt chart is at the heart and center of Primavera P6. And setting the proper Gantt chart for shading non-work time is a fundamental but important step for communicating an accurate project schedule situation. Shading for non-work time is a basic Gantt chart function that has an impact on interpreting the schedule situation. And […]
Scope Management
The scope management process defines the work required for the project and makes sure that all that work, and only that work, is completed. Scope management is a very important project manager duty. Scope is one of the three in the triple constraint triangle: time, cost, and scope. Scope is closely associated with project quality. […]
Controlling the Project Baseline in Primavera P6 EPPM
In the interest of schedule integrity it is important to control changes and to control the project baseline. In Primavera P6 Enterprise Project Portfolio Management (EPPM) this may be achieved in more than one way. The schedule should have at least one baseline to support measurement of schedule changes since commencement of project activities. So […]
5 Red Flags Every PMO Manager Should Watch For
5 Red Flags Every PMO Manager Should Watch For You run a great PMO. Your team are engaged and everything is going according to your three-year strategic plan. That’s wonderful – but it doesn’t mean you should get complacent. As with any business team (especially the ones not directly linked to revenue generation) it’s a […]
Modeling Cure Time in Microsoft Project
It is possible to model cure time in Microsoft Project using an elapsed time lag. But to better document the reason for the delay model the cure time as a task with a unique cure time calendar. There is more than one way to model cure time in Microsoft Project. As mentioned, you could model […]