Pete ChamberlainProject Controls Manager| AZCO, INCAppleton, Wi, United States
I am working on S-curves and I was always under the impression that the forecast (budget) is the BL and the early hours S curve reflected hours could waiver off that line. Is this possible or does the forecast (budget) and early S-curve have to stay in line with each other?
Hello, The actual can deviate from BL for a number of reasons. If it happens either the earlier estimate for BL is wrong, there is lack of proper project control, etc.
The aim of project monitoring & control is to keep the actual within tolerance limits of the BL by taking necessary preventive and corrective actions at the appropriate time.
In EVM, in general we can say whatever the deviation from Baseline at 20% project progress would be more or less the variance at the project completion. Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Your forecast is not your baseline, Pete. In fact, you should disregard your baseline when you forecast effort and cost. When you forecast, you are looking at what you anticipate is going to happen. When your forecast diverges from your baseline beyond the acceptable threshold, you need to do variance analysis and, probably, corrective action plans. Saving Changes...
