RPI - The Third Musketeer in the Earned Value Framework
This webinar provides an introduction to the extension of the Earned Value Management (EVM) framework to the area of benefits realization management (BRM). The "third musketeer" is a new indicator, Realization Performance Indicator (RPI), which complements the existing CPI and SPI.
RPI is calculated in a similar way to these indicators. One of the advantages of RPI is that it can be calculated throughout the delivery phase based on an adjusted forecast of benefits compared to the business case baseline. The presentation includes a case study in which a program is executed over three quarters, and the three "musketeers", CPI, SPI and RPI, are calculated based on performance, changes in the plan, and expected benefits.
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Acknowledgements: Laura Schofield and Kimberly Whitby