The Importance of Progress Measurement Successfully executing projects hinges on many variables. Yet, the fundamental question that must be answered before any proactive or prescriptive measures can be implemented is this: Where are we today? Deceiving in its simplicity, this question often proves difficult to answer accurately. As such, the objective and realistic measurement of physical progress […]
Foundations of Progress Measurement (Part I): Engineering
July 19th, 2019
The Importance of Progress Measurement Successfully executing projects hinges on many variables. Yet, the fundamental question that must be answered before any proactive or prescriptive measures can be implemented is this: Where are we today? Deceiving in its simplicity, this question often proves difficult to answer accurately. As such, the objective and realistic measurement of physical progress during […]
EVM: Management with the Lights On
August 31st, 2017
Earned Value Management (EVM) is a method using specific metrics to measure, forecast, and ultimately improve project performance. EVM has been shown to be a very strong indicator of the future performance of a project. In fact, when EVM is effectively deployed, it can be used to predict project performance +/- 10% when the project […]
4 Persistent Myths About Earned Value Management
September 23rd, 2016
Myths are great material for the movie screen. The lost kingdom of Atlantis, bloodthirsty vampires, or fire-breathing dragons: these are all the “good” kind of myth and will fill theaters. Of course, everyone usually knows that these myths are just that. The danger is when myths are confused with reality. When large amounts of money, reputations, and […]