A Guide to Project Management

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Unformatted text preview: ard, Newtown Square, PA 19073-3299 USA NAVIGATION LINKS ACROYMNS LIST ACRONYMS LIST 123 ACROYMNS LIST Chapter 10--Project Communications Management Figure 102 | 10.4.3.1 Planned Value Actual Costs Cumulative Values Earned Value Data Date Time Figure 102. Illustrative Graphic Performance Report ment ment Planned WBS Element Budget ($) (PV) 1.0 2.0 3.0 4.0 5.0 6.0 7.0 Pre-Pilot Plan Checklists Curriculum Mid-Term Evaluation Implementation Support Manual of Practice Roll-Out Plan Totals 63,000 64,000 23,000 68,000 12,000 7,000 20,000 257,000 Earned Earned Value ($) (EV) 58,000 48,000 20,000 68,000 10,000 6,200 13,500 223,700 Cost Actual Cost ($) (AC) 62,500 46,800 23,500 72,500 10,000 6,000 18,100 239,400 Cost Variance ($) (EV AC) 4,500 1,200 3,500 4,500 0 200 4,600 15,700 (%) (CV EV) 7.8 2.5 17.5 6.6 0.0 3.2 34.1 7.0 Schedule Variance ($) (EV PV) 5,000 16,000 3,000 0 2,000 800 6,500 33,300 (%) (SV PV) 7.9 25.0 13.0 0.0 16.7 11.4 32.5 13.0 Performance Index Cost CPI (EV AC) 0.93 1.03 0.85 0.94 1.00 1.03 .075 0.93 Schedule SPI (EV PV) 0.92 0.75 0.87 1.00 0.83 0.89 0.68 0.87 geE L geE PL P Note: All figures are project-to-date. * Other units of measure that may be used in these calculations may include: labor hours, cubic yards of concrete, etc. Figure 103. Illustrative Tabular Performance Report 10.3.3 Outputs from Performance Reporting .1 Performance reports. Performance reports organize and summarize the information gathered and present the results of any analysis. Reports should provide the kinds of information and the level of detail required by various stakeholders, as documented in the communications management plan. Common formats for performance reports include bar charts (also called Gantt charts), S-curves, histograms, and tables. Figure 10-2 uses S-curves to display cumulative EV analysis data, while Figure 10-3 displays a different set of EV data in tabular form. .2 Change requests. Analysis of project performance often generates a request for a change to some aspect of the project. These change requests are handled as described in the various change control processes (e.g., scope change management, schedule control, etc.). 124 NAVIGATION LINKS ACROYMNS LIST ACRONYMS LIST ACROYMNS LIST A Guide to the Project Management Body of Knowledge (PMBOK Guide) 2000 Edition 2000 Project Management Institute, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA Chapter 10--Project Communications Management 10.4 ADMINISTRATIVE CLOSURE The project or phase, after either achieving its objectives or being terminated for other reasons, requires closure. Administrative closure consists of documenting project results to formalize acceptance of the product of the project by the sponsor, or customer. It includes collecting project records; ensuring that they reflect final specifications; analyzing project success, effectiveness, and lessons learned; and archiving such information for future use. Administrative closure activities should not be delayed until...
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This document was uploaded on 09/27/2013.

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