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Project Management 9. Performance Management
Week 9
Performance management
[object Object]
[object Object],[object Object]
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]
[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]
[object Object],Monitoring System Gather Analyse Report
[object Object]
[object Object]
[object Object]
current status of project (schedule and cost) remaining cost to compete project date that project will be complete potential problems to be addressed now out-of-control activities requiring intervention Cost and/or schedule overruns & their reasons Forecasting overruns at time of completion What data are collected?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Photo by  germanium
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Progress Report Format ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How long should a project status report be?
1 page
<example>
office.microsoft.com/en-us/templates/TC011417231033.aspx   http://saulcarliner.home.att.net/idbusiness/statusreport.htm http://www.projectperfect.com.au/info_status_report.php More info www.ic.arizona.edu/~profcomm/writing/samples/stat_samp_s1.htm   www.projectconnections.com/knowhow/subsets/sample-templates/StatusReports.doc
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]
[object Object],Pensiero
[object Object],Set and baseline a plan Measuring progress and performance Comparing the plan to the facts Taking Action
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monitoring Time Performance
Monitoring Time Performance ,[object Object]
Monitoring Time Performance ,[object Object],[object Object],[object Object]
Figure 13.1  Baseline Gantt Chart (Gray & Larson, 2006, p414) Time A Gantt Chart
Monitoring Time Performance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 13.2  Project Schedule Control Chart (Gray & Larson, 2006, p415) A Control Chart
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monitoring Systems Disparities Picture by  Pensiero
[object Object],Picture by  Pensiero
[object Object],Picture by  Pensiero
[object Object],Picture by  Pensiero
[object Object],[object Object],Picture by  airgap
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Earned Value Management
[object Object]
[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
Terms to learn PV AC EV Planned Value Actual Cost Earned Value CV Cost Variance SV Schedule Variance CPI Cost Performance Indicator SPI Schedule Performance Indicator
[object Object],[object Object],PV Planned Value
[object Object],AC Actual Cost
[object Object],EV Earned Value
[object Object],TABLE 13.1 CV Cost Variance
[object Object],TABLE 13.1 SV Schedule Variance
[object Object],[object Object],[object Object],[object Object],CPI Cost Performance Indicator
[object Object],[object Object],[object Object],[object Object],SPI Schedule Performance Indicator
Quick EVM quiz ,[object Object],TABLE 13.1
Quick EVM quiz ,[object Object],[object Object]
Quick EVM quiz ,[object Object]
Quick EVM quiz ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ย 
Scenario Example
[object Object],[object Object],[object Object],Scenario Example
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Scenario Example
ย 
ย 
Earned Value Chart for Project after 5-Months
ย 
Max Wideman
Rules for Earned Value Numbers ,[object Object],[object Object],[object Object]
Table 13.3  Interpretation of Indexes (Gray & Larson, 2006, p429)
An alternative Source:  http://www.mountaingoatsoftware.com/release_burndown
Week 2 lecture
[object Object]
There are methods used to revise estimates of future project costs ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Developing an Integrated Cost/Schedule System
Compute Calculate Collect Schedule Resource plan WBS Budget Plan Monitor
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Photo by  shimonkey
[object Object],At the work package level, collect the actual costs for the work performed (AC) Multiply percent complete times original budget (EV) Compute the schedule variance (EV-PV) and the cost variance (EV-AC)
Figure 13.3  Project Management Information Systems Overview (Gray & Larson, 2006, p419) Integrated Cost/ Schedules
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Baselines
Week 4 lecture
[object Object],Photo by  _Robert C_  @ flickr
[object Object],Gold by  ะšัƒั€ั‚ะธั   ะŸะตั€ั€ะธ
[object Object],Photo by  quaziefoto  @ flickr
[object Object],Picture by  Network Osaka  @ flickr
ย 
[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 13.14 Scope Changes to a Baseline (Gray & Larson, 2006, p436)
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Review ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
References ,[object Object],[object Object],[object Object]
BetterProjects.net ,[object Object],Derek Farr (  DetroitDerek  )

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