EV past the project end date?

Estimating Information Technology

abigail harper Senior Agile Project Manager| Provident Financial Group Leeds, West Yorkshire, United Kingdom

Hi All,

This will possibly be a rudimentary question but I've had a good google with no avail.

I recently was asked about the state of a project (theoretical) and when and how much it will cost to complete. Of course I pulled all my earned value management information together.

Now the state of the project was that:
Duration: was planned for 1.5 years but was now at 3 years.
Cost: £6million todate (3mil at original BAC)

The leadership hope that completion will take place in 5 months and the above is the only information I have.

Now I got we're at 200% of the schedule but without a BAC for over the original 3mil I got completely stuck with how to calculate this out. I took it to be 200/6mil as a starting point, but it didn't seem right, but this also only get me a CPI, not SPI, ETC, EAC etc.

Could someone point me in the right direction please?

Thanks

Posted: Apr 6, 2017 8:27 AM

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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada

Apr 06, 2017 3:29 PM

Replying to Aaron Porter

...

I'm glad I could help. I don't use EV much, anymore, unless I want to see the results - nobody else does, where I work.

The benefit of EV is that it gives you more than just a gut feel that a project is on track, behind, or ahead of cost/schedule. If it is painfully that you are off track, the numbers don't solve anything.

Another thing to keep in mind about EV is that some of the measures only work during the project. If you calculate them after the project, your project can look like a success, according to the numbers, even if it was not.

It was my understanding that EV, is not useful past the finish date.

Posted: Apr 6, 2017 4:10 PM

Rami Kaibni

Community Champion

Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada

Apr 06, 2017 4:09 PM

Replying to Vincent Guerard

...

Thanks Rami good link, clear.

You're Welcome - Glad to help.

Posted: Apr 6, 2017 5:03 PM

Eduard Hernandez

Community Champion

Product Operations Program Manager Barcelona, Cataluña, Spain

Great answers. Agree with previous posts, EV provides useful information as the project is executed, not that much past the finish date. In other terms, CPI and SPI provide information about the status of the project at a certain date during the project execution (snapshot). Given the information provided (1.5 years Vs 3 years), it almost seems like the scope of the project has been changed - then, rebaselining could be an option.

Posted: Apr 7, 2017 3:25 AM

Drew Craig Sr. Agile & Product Coach| Vanguard Philadelphia, Pa, United States

Great information. Aaron, appreciate your insights.

Posted: Apr 7, 2017 5:21 AM

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EV past the project end date?

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