Tracking Project Progress
How can we prevent cost overruns?
Earned value analysis – EVA – is the most effective way to keep a project on track and avoid nasty surprises. Yet few design professionals understand how to use the method, and often don’t have the tools. The PM Essentials program gives participants both in a highly focused workshop exercise.
Applying EVA techniques tells your team, and you, exactly where the project is financially, and to schedule, by comparing work completed against money and time expended. It is the easiest and most accurate way of keeping projects on track. EVA begins with getting the Work Breakdown Structure – WBS – right before writing the fee proposal.
EVA methodology is available on some practice management systems, but not all.
Enjoyed it immensely. The course gave me great insight into how projects should be managed.
Over and above expectations. Condensed theory, but very user-friendly.
Valuable insight into the correct way to manage projects. A real eye opener.
Extremely beneficial, educational & enlightening. Charles is an asset to the engineering/architecture industry.
Extremely valuable information — if I implement a fraction of the systems, massive improvement is possible.
Excellent pace filled with relevant anecdotes challenging our processes and excellent tools.
Excellent course. Brought a lot of focus to improving business and PM skills.
Excellent. So focused and relevant to my position and the industry.
The course gave me a good overview and brought my attention to areas within my firm that should be improved.
A thorough introduction across all aspects of project management.
If you have a practice management system that can’t do EVA, you can easily use PSMJ’s PlanTrax tool alongside your system to track progress – it only requires the logging of one number per week or month to run a report.
The PM Essentials program includes a comprehensive workshop exercise in setting up and using EVA.