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Problems using money to measure time

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Discussion of why indicators like SPI and SV can be misleading. Download additional slides, videos, and resources at https://www.christiansonjs.com/

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Published in: Engineering
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Problems using money to measure time

  1. 1. Be Careful When Using Money to Measure Time
  2. 2. Percent of work complete 100% Earned Value EV= 4,134 X 100% = $4,134 Project Total PV = $4,134
  3. 3. $0.00 $1,250.00 $2,500.00 $3,750.00 $5,000.00 0 Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 PV AC EV SV= 0 PV = $2574 EV = $2574
  4. 4. Be Careful When Using Money to Measure Time
  5. 5. Indexes to Monitor Progress

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