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
For project managers, the ability to spot deviations from the plan before they spiral out of control is nothing short of a superpower. That's where earned value analysis comes in—a powerful method that delivers early warnings and actionable insights to keep projects on course. At the heart of this approach lies planned value, a cornerstone... [Read More]| ProjectEngineer
The earned value method is the project management standard for cost control during a project. Whether you are a practicing project manager or studying for the PMP exam, you need to know how to calculate earned value. Fortunately, it involves nothing more than basic high school math. The more difficult part is knowing what each... [Read More]| ProjectEngineer
In the operating room, an electrocardiogram (ECG) machine tirelessly tracks a patient’s heartbeat, offering surgeons a real-time glimpse into their health and alerting them to irregularities before they become crises. Similarly, in the high-stakes world of project management, the Cost Performance Index (CPI) within Earned Value Management (EVM) acts as a vital diagnostic tool, monitoring... [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. The Cost Performance Index, usually abbreviated as CPI, is one of the fundamental outputs of the Earned Value Management System. It tells the project manager how far ahead or behind the... [Read More]| ProjectEngineer
Financial KPIs Every Construction Project Manager Should Track in 2025 Master the 15 financial KPIs that separate successful construction projects from costly failures. This comprehensive 2025 guide reveals essential metrics including Cost Performance Index, Schedule Performance Index, and cash flow indicators—complete with calculation formulas, industry benchmarks, real-world examples, and implementation strategies. Learn how high-performing organizations achieve 92% project success rates ...| ConstructionPlacements
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. Cost Variance, usually abbreviated as CV, is one of the fundamental outputs of the Earned Value Management System. It tells the project manager how far ahead or behind the projects... [Read More]| ProjectEngineer
In project management, gut feelings and guesswork can only get you so far—eventually, you need cold, hard numbers to tell you if you’re winning or sinking. Earned Value is a method of calculating project status. It does this from two perspectives: Time (schedule) and Cost. After applying the earned value method the project manager will... [Read More]| ProjectEngineer
In project management, getting an early indication of cost escalation is the silver bullet that allows the project manager to correct the problems before they start. Keeping a firm grip on costs is essential to delivering success, yet budgets often spiral, deadlines slip, and stakeholders grow restless, leaving managers scrambling for answers. Whether you’re managing... [Read More]| ProjectEngineer
