If there's one part of project management that's bigger than all the rest, it's project scheduling. Since a project is defined as a temporary endeavor with a distinct beginning and end, defining when that end takes place and making sure it finishes on time are, by definition, extremely important to any project, large or small.... [Read More]| ProjectEngineer
The real benefit of the earned value method is in the early warning signal it provides. In my previous life at a large engineering company, I saw many project managers get to a monthly billing cycle before they realized the project was behind, and even then they would rationalize it by deciding their project team was... [Read More]| ProjectEngineer
In project management, getting an early indication of problems can mean the difference between triumph and turmoil. The Schedule Performance Index (SPI) is a powerful little number that tells you, at a glance, whether you're on pace or off the rails, and by how much. But more than just a metric, it’s a reality check,... [Read More]| ProjectEngineer
In project management, getting an early indication of problems is the silver bullet that allows the project manager to correct the problems before they start. Schedule Variance, usually abbreviated as SV, is one of the fundamental outputs of the Earned Value Management System. It tells the project manager how far ahead or behind the project... [Read More]| ProjectEngineer