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



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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Oct 09, 2017 6:48 AM
Replying to Tim PM
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We don't use it here, our finance dept is unable to provide us with actual cost data on a timely basis, so that prevents it being a useful tool
Can't you get an estimate of cost? would give you a reasonable EVM !
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1 reply by Tim PM
Dec 19, 2017 4:39 AM
Tim PM
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Unfortunately not, I am still waiting for August's figures, so estimates would be miles off! To be honest, it is very frustrating, as it causes many other issues too beyond the impossibility of using EVM.



Oct 09, 2017 9:39 AM
Replying to Andrey Grubin
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We use EMV for forecasting, and CPI/SVI specially.
I see that also, many use the basic part.



Oct 29, 2017 10:46 AM
Replying to Warren Nash
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EVM limited for reporting purpose. But I use MS Excel for my EVM and use MS Project against a baseline too.
So it is use by you on your project.



Nov 07, 2017 5:14 AM
Replying to Vithal Parab
...
We hardly use EVM, but its important to use this crucial method. Will trying to implement the same.
What kind of project do you manage?



EVM is very useful in maintaining and upholding a project’s accountability and visibility. You need to learn what common terms exist among EVM formulas, how to apply basic and advanced formulas, and what they mean for improving visibility in your company.
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1 reply by Vincent Guerard
Dec 19, 2017 8:25 PM
Vincent Guerard
...
Shadan,
Thanks for sharing
Understanding and communicating



In Construction Project use Primavera P6
...
1 reply by Vincent Guerard
Dec 19, 2017 8:26 PM
Vincent Guerard
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Mansoor,
Thanks
So your relying on P6 calculation. In your experience it is a solid implementation



EVM calculations not only tells you the current rate of progress ( Schedule and Cost) but also helps in forecasting.
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1 reply by Vincent Guerard
Dec 19, 2017 8:27 PM
Vincent Guerard
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Najam,
Excellent past performance is a good indication of future ones.
Thanks



Nov 07, 2017 5:24 PM
Replying to Vincent Guerard
...
Can't you get an estimate of cost? would give you a reasonable EVM !
Unfortunately not, I am still waiting for August's figures, so estimates would be miles off! To be honest, it is very frustrating, as it causes many other issues too beyond the impossibility of using EVM.
...
1 reply by Vincent Guerard
Dec 19, 2017 8:30 PM
Vincent Guerard
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Tim,
That is over a month after August, an you have trouble getting the information to monitor and control.
Can’t it be shortened?



Nov 08, 2017 3:24 AM
Replying to SHADAV MOHAMMAD ANSARI
...
EVM is very useful in maintaining and upholding a project’s accountability and visibility. You need to learn what common terms exist among EVM formulas, how to apply basic and advanced formulas, and what they mean for improving visibility in your company.
Shadan,
Thanks for sharing
Understanding and communicating



Dec 18, 2017 8:17 AM
Replying to Mansoor Mustafa
...
In Construction Project use Primavera P6
Mansoor,
Thanks
So your relying on P6 calculation. In your experience it is a solid implementation
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