Performance Measurement
As a Project Planning support service HARVEY PLANNING CONSULTANCY undertakes and supports small, medium, large, and mega-scale projects by providing the answers and feed-back to four fundamental questions that project stakeholders will ask of the project manager once the project is in its delivery phase:
Earned Value Analysis/Management
Where are we? – Progress Update
What has it cost to get here? – Overruns on Programme cost, time, and money.
Where are we going? – Slippage in programme = Compensable vs. Non-Compensable Delays
How can we correct any problems? = Create an action plan
“Start where you are. Use what you have. Do what you can.”
Arthur Ashe
Earned Value Analysis/Management
Earned value management (EVM) is a project management methodology that integrates schedule, costs, and scope to measure project performance. Based on planned and actual values, EVM predicts the future and enables project managers to adjust accordingly.
Earned Value analysis is a method of performance measurement.
Where are we? – Progress Update
Start where you are. Use what you have. Do what you can”
What has it cost to get here?
Money often costs too much”
Where are we going?
You can’t really know where you are going until you know where you have been”.
How can we correct any problems?
Action is what will produce your desired results”.
One Week Look Ahead
It is better to look ahead and prepare, than to look back and regret”