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pminsight is a boutique consultancy specialising in advanced planning and scheduling services for project organisations and professionals.

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Tag: actual cost

August 6, 2019 by Ian Tierney

Earned Value Management Summary

EVM relies on three key data metrics that in conjunction with a Performance Management Baseline calculates variances, indices and forecasts. 3 min read.

APS5 actual cost, budget at completion, earned schedule, earned value, Earned Value Management, EVM, planned value Leave a comment
July 2, 2019July 2, 2019 by Ian Tierney

Determine & Action Project Variance

EVM performance measurement leads to variances between what was planned & what was done, provides early warning signals to trigger corrective actions.

APS5 actual cost, earned value, Earned Value Management, EVM, evm forecasting, evm performance, evm s-curve, planned value Leave a comment
June 28, 2019June 28, 2019 by Ian Tierney

Early Project Problem Identification

Timely & targeted feedback enables project managers to identify problems early, and to make adjustments that keep the project on time and on budget.

APS5 actual cost, actual cost of work performed, budgeted cost of work performed, budgeted cost of work scheduled, earned value, Earned Value Management, EVM, planned value Leave a comment

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