Info

Late

123456789 Project Month

Figure 10.6 Two successive data points outside three standard deviations from the planned milestone date.

By adding the actual progress curve to the baseline curve, you can now see the current status versus the planned status. Figure 10.8 shows the actual progress curve to be below the planned curve. If this represented dollars, we might be tempted to believe the project is running under budget. Is that really true?

Progress

1/3 Time

1/3 Time

Time

Figure 10.7 The standard S curve.

Progress

Progress

Cost Variance

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Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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