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Vendor Accruals… Are You Keeping Track?
January 15, 2018
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You thought you had your project all wrapped up when, SURPRISE, vendor invoices just keep coming in. Whoops, things didn’t go as well as you
Category: Earned Value Management
Using Rules of Credit for Percent Complete in 4castplus
December 4, 2017
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How do you figure out percent complete on a project? How is it you go about objectively assigning a reasonable and accurate measurement of how
Top 5 Challenges to Effective Cost Controls – and their Solutions
October 26, 2017
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More and more companies are demanding greater visibility into construction project performance. Simply put, companies want to know that funds are being well spent and
What is a CPI Forecast
August 31, 2016
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Before I get started on the details, I’ll give you a quick definition: A CPI Forecast allows project controls professionals to predict the performance of
EVM Explained: Planned Value
December 4, 2015
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Many EV professionals would argue that Planned Value is one of the most important metrics in earned value analysis. It provides the critical benchmark from
Project Controls First Steps – Define Your Objectives
June 8, 2015
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There’s a lot of talk about Project Controls out there. There’s a growing awareness and momentum that’s rapidly spreading throughout the world; and more and
EVM Explained: Variance
September 19, 2014
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“If you keep going at this speed, you’re going to be late!” That’s my simplistic real-life analogy of earned value management. It’s a simple bit
I Have Mastered the Art of Talking to Myself Without Moving My Lips
January 23, 2014
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Hey, don’t laugh, it’s a key skill. The only creepy thing about it is I can look at someone right in the eye and be
How do you Figure out a Realistic Cost to Complete?
September 5, 2013
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Project Owners spend an extraordinary amount of time trying to get an accurate reading on all the costs to complete for a project. On big
Why EVM Matters
August 5, 2012
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Earned Value Management? When asked about where their project stands against initial budget and schedule, most project managers will have a pretty good idea. They’d