Earned value management is a technique that integrates scope, cost and time to highlight how the project has done in the past and predict how it is expected to do in the future. This article discusses a few basic concepts of EVM and is useful for anyone looking to get started on this topic, as well as for candidates preparing for certification.
What happens if your project is in danger of failing? More often than not, poor planning—particularly poor time management—causes projects to derail. The good news is that with proper time management, you can still turn things around and save your project.
Early on in the career of a project manager, there are things known, things that are unknown and things that he or she doesn’t know they don’t know. And therein lies the dilemma of estimating. There is no perfect estimate, and this is where the foundational techniques of estimating bridge the existing estimating gap that exists between senior leadership and the project manager.
Effective Use of Kanban for Monitoring and Controlling Low-Complexity Projects in a High-Volume Project Environmentby
Kanban is an effective tool for monitoring and controlling high-volume/low-complexity projects when the goal is to increase throughput, limit work in process (WIP), and measure flow in project environments. Implementation of this approach has the ability to reduce the project management team’s level of effort while optimizing resource utilization.
Dividing your project into smaller parts that are more controllable helps you move closer to your ultimate goal: successfully achieving your project deliverables and high user satisfaction. Follow these seven tips to gain more direct control over your project.
Large infrastructure project teams continuously struggle to manage several issues posed by the volatile environment of projects. It's time to develop a holistic and dynamic project planning and monitoring tool for the effective management of ever-changing project requirements and environments.
Project crash time is a method for shortening project duration by reducing the time of one or more critical project activities. Crash time is a difficult concept for a student who is newly learning project management, particularly when reducing several units of time. The author proposes a step-by-step, graphic approach utilizing a simple template that can be more easily understood than traditional methods.
There will come a day when you will face an issue and not be able to resolve it on your own. What will you do to ensure the project is not compromised?
Isn’t there a no-cost way to create accurate, probabilistic estimates using just Microsoft Excel--without buying any add-in programs, without installing new software and without having to return to college to take a statistics class? Yes, there is: It’s called Statistical PERT.
Project management is an integral component when launching a digital ad campaign. Here we explore the nuances of digital advertising as they relate to time, quality and communication processes.
In today's sometimes overwhelming, chaotic world of too many competing demands on your time, you should try succeeding on a whim...or make that a WMMM: What Matters Most Management.
Before you submit your project plan for final approval, you'd better check it over. Learn the steps for cross-checking a project plan.
There is a lot riding on your project's work breakdown structure. Use this worksheet to help you plan the WBS smarter and better.
This list and overview of common schedule risks will help you maintain vigilance against pitfalls that can interrupt, stop or ruin your software development project.
The attached workbook is useful for these many projects out there where no costing data can be used--or is not available--so the classic Earned Value Technique cannot be applied. It provides not only a progress tracking mechanism but also effort based project forecasting based on the above consideration.
This list was created to help you estimate how much effort is required to implement and test a change request.
A lot of project management is wrapped up in the idea of scheduling. Many project management software packages put the management of schedule front and center; for some, it's all they really actually provide support for managing. Project management courses emphasize the ideas of managing the critical path, building Gantt charts and analyzing PERT networks. Much stress is created about project schedules, milestones, dependencies and deadlines.
If you don’t have any good metrics on which to base your estimates, what do you do? Reading tea leaves or dissecting the entrails of dead chickens won't cut it. This presentation will explain sound estimating techniques that really work.
Use this quality control checklist to identify all the ingredients of a healthy, flexible and dependable project schedule.
How risky is your project schedule? This assessment template will help you catch scheduling risks and address them before they become problems.
This sample template performs a PERT based estimation for a project when you provide quality estimates. The tool performs all the required calculations (including graphical display of the destribution and probability functions).
If developing a schedule were easy, no project manager would ever have a problem with it. This presentation serves as a guide to the key points that must be mastered to develop realistic project schedules.
No one can predict the future, but you as project manager will be asked to estimate the duration of tasks. You can get yourself a crystal ball, read tea leaves, or download this presentation for some real help.
Earned value is a project technique you can use to monitor, track and report on the performance of any project. This document is a cheat-sheet of formulas you can use to confidently calculate earned value.