Marginal Books

Practical Earned Value Analysis


TitlePractical Earned Value Analysis
AuthorAkram Najjar
Price$3.99
PublishedJanuary 2017
ISBN978-3-9614-2271-5
Size
164 pages (50,000 words)
LanguageEnglish

I take a practitioner's approach towards Earned Value Analysis. THe indicators are considered as "practical levers" and not just theoretical values. The lovely thing about EVA is how it relies on 3 basic project measurements to produce such valuable indicators. These are:

  • BCWS = the budgetary value of the planned work or the planned value (or PMI's PV)
  • BCWP = the budgetary value of completed work or the earned value (or PMI's EV)
  • ACWP = the actual value of completed work or the actual value (or PMI's AC)

Two other constants are used: the total budget and the total duration. From these 5 measures, EVA derives 25 crucial indicators or metrics. These can be used for monitoring project progress, forecasting performance, assessing "what if" solutions and providing leverage indicators to recover from delays or budget overruns. You can consider them as Key Performance Indicators (KPI) in a project.

Each of these 25 indicators is explained in detail, showing why, where and when it can be used. Many examples are given, some using Excel. For most workouts, solutions are provided. A template is also included for use when calculating EVA in Microsoft Excel.

Where can you Purchase the eBook?

Click Here to view the Online Stores where the eBook can be purchased.

Downloads

Click Here to download a sample chapter from the book.

Click Here to download the workouts and templates for the eBook.

(A password is provided in the purchased eBook).

Table of Contents

Where to Download the Workouts, Solutions and Template

Two Faults in Traditional Cost Analysis

Life without Earned Value Analysis

What is the Basic Principle of Earned Value Analysis?

The 5 Measurements in Earned Value Analysis

A Step by Step Example

Indicators 1 to 9: Basic EVA Variances and Indices

Workouts for Indicators 1 to 9

Indicators 10 to 12: Time Based

Workouts for Indicators 10 to 12

Indicators 16 to 18: Percentages that Analyze Completion

Workouts for Indicators 16 to 18

Indicators 19 to 20: Estimates and Forecasts of Completion

Workouts for Indicators 19 to 20

Indicators 21 to 23: Based on EAC

Indicators 24 to 25: How to Complete a Delinquent Project

Appendix   A: A Template for Use in Earned Value Analysis

Appendix   B: Solutions to Workouts

Appendix   C: Summary of EVA Formulas and DefinitionsTop of Page