In earned value analysis, the Estimate at Completion (EAC) is your forecast of the final project price tag, built on how the project has performed so far. More than just a number, it gives project managers a critical glimpse into what the total cost will likely be when the dust settles. The Bigger Picture The... [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
Project success is often distilled into simple metrics like meeting budget or schedule, a single pass/fail criteria measured at a single point in time. But these outcomes are rarely fixed targets. In fact, they are often in fail territory for long periods of time prior to entering pass territory for the critical moment. Indeed, there... [Read More]| ProjectEngineer
Project management can feel like navigating a maze—tight budgets, shifting timelines, and endless variables vying for your attention. How do you know if you’re truly on track? Earned Value Analysis (EVA) is a powerful method that blends cost, schedule, and performance into a clear picture of project health. Whether you’re a seasoned PM or just... [Read More]| ProjectEngineer
