2014年农业专业技术人员知识更新培训.pptVIP

Earned Value Management Tutorial Module 6: Metrics, Performance Measurements and Forecasting Prepared by: Module 6: Metrics, Performance Measurements and Forecasting Welcome to Module 6. The objective of this module is to introduce you to the Metrics and Performance Measurement tools used, along with Forecasting, in Earned Value Management. The Topics that will be addressed in this Module include: Define Cost and Schedule Variances Define Cost and Schedule Performance Indices Define Estimate to Complete (ETC) Define Estimate at Completion (EAC) and Latest Revised Estimate (LRE) Review of Previous Modules Let’s quickly review what has been covered in the previous modules. There are three key components to earned value: Planned Value, Earned Value and Actual Cost. PV is the physical work scheduled or “what you plan to do”. EV is the quantification of the “worth” of the work done to date or “what you physically accomplished”. AC is the cost incurred for executing work on a project or “what you have spent”. There are numerous EV methods used for measuring progress. The next step is to stand back and monitor the progress against the Performance Measurement Baseline (PMB). What is Performance Measurement? Performance measurement is a common phrase used in the world of project management, but what does it mean? Performance measurement can have different meanings for different people, but in a generic sense performance measurement is how one determines success or failure on a project. How then can performance measurement have different meanings for different people? To answer this question, consider the ACME House Building project. You have two major stakeholders on this project, the Buyer and the Builder. Do you think they both measure success on the project identically or do you believe their definition of project success may be different? Let’s take a look on the next page. What is Performance Measurement? It seems logical to say that they both w