The Standard for Earned Value Management

The Standard for Earned Value Management PDF

Author: Project Management Institute Project Management Institute

Publisher: Project Management Institute

Published: 2020-04-13

Total Pages: 260

ISBN-13: 1628256397

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Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide – Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.

Agile Project Management

Agile Project Management PDF

Author: Project Management Journal

Publisher: John Wiley & Sons

Published: 2013-06-26

Total Pages: 373

ISBN-13: 1118586735

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The development of the Agile Movement, whatever the area of application or discipline, comes from the famous “faster, cheaper, better" maxim. As such, the agile manufacturing paradigm rests on four principles: response to change and uncertainty, supplying highly customized products, synthesis of diverse technologies, and intra-enterprise and inter-enterprise integration. For the reader interested in agile project management applications, response to changes, and transformations and its impact on managing projects, this book is a must-read. Various insights are covered, including: how to master complexity and changes in projects, economy, and society; how interaction between the project management team and project owners can influence risk management; how to move beyond the traditional mechanistic project management approach; how to include agile principles into an improved Logical Framework Analysis structure; what the impact is of agile principles on project management organizations what kind of innovative project management practice supports agile principles; and much more.

Project Management, Planning and Control

Project Management, Planning and Control PDF

Author: Albert Lester

Publisher: Butterworth-Heinemann

Published: 2007

Total Pages: 460

ISBN-13: 9780750669566

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This fifth edition provides a comprehensive resource for project managers. It describes the latest project management systems that use critical path methods.

Project Management Analytics

Project Management Analytics PDF

Author: Harjit Singh

Publisher: FT Press

Published: 2015-11-12

Total Pages: 412

ISBN-13: 0134190491

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To manage projects, you must not only control schedules and costs: you must also manage growing operational uncertainty. Today’s powerful analytics tools and methods can help you do all of this far more successfully. In Project Management Analytics, Harjit Singh shows how to bring greater evidence-based clarity and rationality to all your key decisions throughout the full project lifecycle. Singh identifies the components and characteristics of a good project decision and shows how to improve decisions by using predictive, prescriptive, statistical, and other methods. You’ll learn how to mitigate risks by identifying meaningful historical patterns and trends; optimize allocation and use of scarce resources within project constraints; automate data-driven decision-making processes based on huge data sets; and effectively handle multiple interrelated decision criteria. Singh also helps you integrate analytics into the project management methods you already use, combining today’s best analytical techniques with proven approaches such as PMI PMBOK® and Lean Six Sigma. Project managers can no longer rely on vague impressions or seat-of-the-pants intuition. Fortunately, you don’t have to. With Project Management Analytics, you can use facts, evidence, and knowledge—and get far better results. Achieve efficient, reliable, consistent, and fact-based project decision-making Systematically bring data and objective analysis to key project decisions Avoid “garbage in, garbage out” Properly collect, store, analyze, and interpret your project-related data Optimize multi-criteria decisions in large group environments Use the Analytic Hierarchy Process (AHP) to improve complex real-world decisions Streamline projects the way you streamline other business processes Leverage data-driven Lean Six Sigma to manage projects more effectively

The Standard for Earned Value Management

The Standard for Earned Value Management PDF

Author:

Publisher: Project Management Institute Incorporated

Published: 2019

Total Pages:

ISBN-13: 9781628256406

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"Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide - Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization"--

Planning in 140 Tweets

Planning in 140 Tweets PDF

Author: Ricardo Viana Vargas

Publisher: Project Management Institute

Published: 2013-09-01

Total Pages: 117

ISBN-13: 1628250143

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Quick tips on ideas, concepts and the use of project management in your profession and life. No matter what is your profession, every time that a temporary nature shows up in a work of yours, which is different from routine, you have in front of you a project. And managing a project is different from managing routine. This book is meant to be read by the lawyer, doctor, entrepreneur, researcher, public servant, i.e., for all professionals who want to learn the key concepts that involve planning activities and project management in a simple, fast and direct way.

Applications and Theory of Analytic Hierarchy Process

Applications and Theory of Analytic Hierarchy Process PDF

Author: Fabio De Felice

Publisher: BoD – Books on Demand

Published: 2016-08-31

Total Pages: 324

ISBN-13: 9535125605

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The purpose of this book is to provide an introduction to the theory and applications in the field of decision making, especially focused on Analytic Hierarchy Process, a structured technique for organizing and analyzing complex decisions, based on mathematics and psychology. It was developed by Prof. Thomas L. Saaty in the 1970s and has been extensively studied and refined since then. The idea of the book is to expand the reader's consciousness to deal with problems regarding the decision making. This book presents some application examples of Analytic Hierarchy. It contains original research and application chapters from different perspectives, and covers different areas such as supply chain, environmental engineering, safety, and social issues. This book is intended to be a useful resource for anyone who deals with decision making problems.

Decision Making in Project Management

Decision Making in Project Management PDF

Author: Asbjorn Rolstadas

Publisher: Fagbokforlaget

Published: 2014

Total Pages: 0

ISBN-13: 9788245017731

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Project management involves decision making, and, for most projects, the ability to make good decisions is crucial to their success. In practice, many project management decisions are based purely on experience and judgement - not always successfully. Effective decision making requires an understanding of available alternatives, appropriate methods for deriving choices, and the ability to continually evaluate and select the best means for enhancing project success. This book presents a model for decision making in projects. It distinguishes between authorization, selection, and plan decisions, and it presents an overview of available techniques. In addition, the book presents research results to support methods for optimal decisions in projects in order to achieve success. (Series: NTNU Engineering - Vol. 4) [Subject: Project Management, Business]