Project Management

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EARNED VALUE FAILS

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Dr Justin G Mamen Canada, Canada
The top nine reasons why Earned Value fails:

1. Lack of management commitment
2. Management don’t assign a team of proven performers
3. Control Account Managers (CAMs) don’t accept responsibility for cost, schedule and technical performance
4. Management doesn’t hold Control Account Managers (CAMs) accountable for cost, schedule and technical performance
5. Poorly documented processes
6. A poorly trained team
7. Using unproven tools
8. Management accepts excuses for bad performance
9. Inaccurate performance data from existing systems
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Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
Makes sense ... It is mostly lack of reporting, commitment & communication.
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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada
Yes. Poor knowledge in Earned value in the team than can't get management commitment.
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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Lack of management buy in... They have to provide required resources for a proper setup.
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S Rajasekar Senior Project Manager| Allscripts Bangalore, Karnataka, India
Agree , Only Planned Vs Actual in color status and few wordings what management wants to see these days
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Eduard Hernandez
Community Champion
Product Operations Program Manager Barcelona, Cataluña, Spain
I was pleasantly surprised to recently read a description for a job vacancy in one of the 4 big consultancy firms that explicitly asked to be proficient in EV

On the other hand, I often find PMs who tend to (re)baseline projects on a monthly basis - without documenting it - which makes project tracking difficult/irrelevant
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Nasrullah Mohammed Portfolio Manager| Advanced Electronics Company Riyadh, Riyadh, Saudi Arabia
Lack of commitment and active participation of executive management will lead to the EV initiative to wither and fail.
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KUMARAGURU M.R. PM| Robert Bosch Engineering and Business Solutions Lt Madurai, Tamil Nadu, India
some more reasons...
# Poor estimation
# Lack of Training for the job
# Commitment from the team (Organization work culture)...
...
1 reply by Wade Harshman
Apr 10, 2017 10:34 AM
Wade Harshman
...
Poor estimating is a good one.

That's always a big risk with EVM. Are we really assessing the work of the project team, or the plan of the project manager? If I produce a lousy project plan with unrealistic timelines and inadequate budget, but the team takes all the blame for the SPI and CPI, then what is the incentive for me to improve on the next project?
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Wade Harshman Scrum Master| GDIT Indianapolis, In, United States
Apr 10, 2017 5:09 AM
Replying to KUMARAGURU M.R.
...
some more reasons...
# Poor estimation
# Lack of Training for the job
# Commitment from the team (Organization work culture)...
Poor estimating is a good one.

That's always a big risk with EVM. Are we really assessing the work of the project team, or the plan of the project manager? If I produce a lousy project plan with unrealistic timelines and inadequate budget, but the team takes all the blame for the SPI and CPI, then what is the incentive for me to improve on the next project?

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