Simplified Valuebased Accomplishment Index

All that was required was a list of the work to be done and a weight factor for each item. If a task schedule has been prepared, the system will compute the planned effort (BCWS). But, as you can see from the example, we were able to use the EVA practice without an item-by-item schedule, substituting a planned rate of overall accomplishment. With the weighted task list, all that was needed was a periodic statusing of percent complete. Computers will do the rest. A traditional CPM program will have all the EVA capabilities built in. But if you don't use one, any spreadsheet program can easily be set up to do the job.

Figure 8.1a Tracking Earned Value on Telco Project

Figure 8.1a Tracking Earned Value on Telco Project

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.

Get My Free Ebook


Post a comment