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Topics: Cost Management, Earned Value Management, Risk Management
EVM usage in you projects
Network:76234



In your project is EVM really use? Fully? a limited implementation?

You feel it improve project management compare to project that didn't use EVM
What industry are you from?

Also there is a poll
https://www.projectmanagement.com/polls/41...your-projects-?
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Network:391



We use EV principles, and tailored EVM to project specific needs. Certainly it adds lot of value especially in major projects. i am in mining
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1 reply by Vincent Guerard
Oct 05, 2017 9:51 PM
Vincent Guerard
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Thanks for you input
Network:1364



EVM calculation about to predict the project future from actuals is what more useful in my case.
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1 reply by Vincent Guerard
Oct 05, 2017 9:52 PM
Vincent Guerard
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Thanks Sergio
So you use just actual
Network:295



Vincent -

Forecasting on projects following agile delivery practices such as letting past iteration/sprint velocity determine when the team will complete a release or product backlog is a modified approach to EV which is practiced on many projects.

I've rarely seen pure EVA & variance analysis (to use the PMBOK v6 terms :-) ) used in the companies I've supported as they lack the work package level cost reporting and/or work decomposition discipline needed to practice it accurately.

Kiron
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1 reply by Vincent Guerard
Oct 05, 2017 9:53 PM
Vincent Guerard
...
Thanks , interesting
Network:712



Similar to Vincent - not used as outline in PMBok, we typically use other models that the finance gods live eat and die by which aligns more closely to their business needs. the concepts are there just the process is different.
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1 reply by Vincent Guerard
Oct 05, 2017 9:54 PM
Vincent Guerard
...
Thanks
Network:76234



Oct 05, 2017 4:06 PM
Replying to Krishna Pakki
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We use EV principles, and tailored EVM to project specific needs. Certainly it adds lot of value especially in major projects. i am in mining
Thanks for you input
Network:76234



Oct 05, 2017 4:07 PM
Replying to Sergio Luis Conte
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EVM calculation about to predict the project future from actuals is what more useful in my case.
Thanks Sergio
So you use just actual
Network:76234



Oct 05, 2017 5:46 PM
Replying to Kiron Bondale
...
Vincent -

Forecasting on projects following agile delivery practices such as letting past iteration/sprint velocity determine when the team will complete a release or product backlog is a modified approach to EV which is practiced on many projects.

I've rarely seen pure EVA & variance analysis (to use the PMBOK v6 terms :-) ) used in the companies I've supported as they lack the work package level cost reporting and/or work decomposition discipline needed to practice it accurately.

Kiron
Thanks , interesting
Network:76234



Oct 05, 2017 6:10 PM
Replying to Mike Dewing
...
Similar to Vincent - not used as outline in PMBok, we typically use other models that the finance gods live eat and die by which aligns more closely to their business needs. the concepts are there just the process is different.
Thanks
Network:987



Our Project Team (Construction Project) use Primavera P6 extensively as contractual specified tool in project management.
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1 reply by Vincent Guerard
Nov 07, 2017 5:20 PM
Vincent Guerard
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I not experience on Primavera P6 full usage. When well populated the calculation of EVM work good?
Network:72529



I have been doing IT project management for over twenty years, Vincent. We definitely use the EVM indices (CPI and SVI) to see if we are off track. EAC is not used very much.
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1 reply by Vincent Guerard
Nov 07, 2017 5:21 PM
Vincent Guerard
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That is also my experience in most project the basic is use.
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