The project - Nuclear Decontamination and Decommissioning in a state with one of the most stringent environmental regulations in the US. Led by industry experts, the project team has been developing innovative solutions to safely and effectively decommission, demolish and perform final site closure of Pacific Gas and Electric's Humboldt Bay Unit 3 Nuclear Power Plant. How? The use of cutting edge technology and a robust Earned Value Management System.
7. Forecast Spend
Performance
The HBPP Civil Works Team has implemented an Earned Value
Management System to objec vely and succinctly iden fy project
execu on vs baseline. Performance is measured at Level IV of the
WBS enabling the project to maximize visibility of performance at
the work package level. The project underwent a bo oms-up ac v-
ity based es mate providing a high accuracy Es mate at Complete.
The project is currently forecasted to complete 9 months ahead of
the Contract Comple on date.
Performance
Progress Chart
$13
$24
$15
$9
$12
$7 $8 $7 $6 $6
$7
$10
$0
$5
$10
$15
$20
$25
4Q2015
1Q2016
2Q2016
3Q2016
4Q2016
1Q2017
2Q2017
3Q2017
4Q2017
1Q2018
2Q2018
3Q2018
Millions
EAC $205.8M
% Complete 46%
Forecast
Complete
Sept 10th,
2018
Project Stats
Engineering 61%
Construc on 40%
Waste 45%
Jan‐
15
Feb‐
15
Mar‐
15
Apr‐
15
May‐
15
Jun‐
15
Jul‐
15
Aug‐
15
Sep‐
15
Oct‐
15
CPI 1.01 1.00 1.00 1.00 0.98 0.99 0.98 0.97 0.99 0.98
SPI 1.00 1.00 1.01 1.02 1.01 1.01 0.99 0.97 1.00 0.99
Historical Cumula ve Performance Indices
“The EVM system put in place on this project has provided the
Team the tools necessary to effectively manage cost, schedule,
change and risk. Since implementation of EVM the project has
seen a major improvement in managerial control equating to sig‐
nificant cost avoidance and schedule savings.”
‐ Shane Richardson, Project Controls Manager