PDH/CEU/FBPE Session #3 - Earned Value Management: Identifying Hidden Project Performance Issues
Location
Antigua Room
Start Date
25-5-2016 7:30 AM
End Date
25-5-2016 8:30 AM
Description
Used properly, earned value analysis (EVA) is a powerful management tool. After a brief review of EVA basics, we will apply EVA to mini-case studies and then introduce advanced application techniques to uncover hidden project performance issues much earlier in the project lifecycle.
When EVA is used only at the whole project level, it can provide false indicators of project performance and thereby delay problem identification and correction. However, by examining the CPI at the performance unit level, EVA can uncover hidden project performance issues early enough (by 20% completion) to mitigate impact to the project.
Top Three Takeaways
- This presentation is worth 1 PDH (FBPE-eligible) and 1 PDU for PMP® and PgMP® credential renewal.
- Participants willing to complete a short homework assignment within 10 days of the seminar will earn 4 additional PDHs/PDUs (at no additional cost).
Biographies
Michael D. Staley, PE, PMP Dean of the School of Engineering, Design, & Construction, Seminole State College Doctoral Research, Center for PM Research
Michael is a licensed Professional Engineer and a certified Project Management Professional (PMP) with more than 20 years of engineering experience, including executive level project management of large-scale programs with an ENR Top 5engineering firm. He has earned a Master of Engineering and Master of Business Administration, and is currently completing a doctor of engineering degree with research focused on advancing earned value management
Presentations
View the presentation, Advancing the Theory and Practice of Engineering Project Management by addressing the issue of CPI Stability and Hidden Project Performance
PDH/CEU/FBPE Session #3 - Earned Value Management: Identifying Hidden Project Performance Issues
Antigua Room
Used properly, earned value analysis (EVA) is a powerful management tool. After a brief review of EVA basics, we will apply EVA to mini-case studies and then introduce advanced application techniques to uncover hidden project performance issues much earlier in the project lifecycle.
When EVA is used only at the whole project level, it can provide false indicators of project performance and thereby delay problem identification and correction. However, by examining the CPI at the performance unit level, EVA can uncover hidden project performance issues early enough (by 20% completion) to mitigate impact to the project.
