AACE Seattle Section January 2011 Meeting
Please join us for networking and technical education with AACE Seattle:
"EVALUATING EARNED VALUE PERFORMANCE AGAINST EARLY and LATE CPM DATES"
JANUARY 13th, 2011
Earned value management (EVM) is a powerful tool for evaluating the cost and schedule performance of projects. It is useful for understanding not only historical project execution, but also for predicting future results. Unfortunately, existing earned value metrics do not fully leverage the information produced using Critical Path Method (CPM) scheduling techniques. Specifically, traditional EVM methods only utilize the early start and early finish dates of resource-loaded network activities to derive earned value metrics. This presentation will describe why the use of early network dates alone is problematic for performance measurement, and presents a simple mathematical model for incorporating and comparing both early and late dates in earned value analysis. Steve Wageman proposes the adoption of two new earned value metrics – Adjusted Planned Value and EV Float Ratio Index – to more realistically assess actual project status relative to the baseline plan. The presentation will include a basic review of EVM concepts.
Steven W. Wageman, CCC PSP EVP, possesses 30 years of general and project management experience, and is currently the Director of Education and Training Programs at MWH Program and Project Management Services. He has consulted to many different organizations and industries across the United States including, for example, the Department of Energy, Boeing, and the US Army Corps of Engineers. Steve has specialized expertise in scheduling, cost estimating, earned value management, risk management, and training. Steve is a Certified Cost Consultant, Planning and Scheduling Professional, and Earned Value Professional through AACE International, a Project Management Professional through the Project Management Institute, and a Certified Technical Trainer Plus through CompTIA. He is also an Authorized Primavera Instructor with Oracle Corporation.
Social Hour is 5:30-6:30pm
Dinner is 6:30-7:15pm
Presentation will be from 7:15-8:30pm
The member price for this event is $26 if you register by January 10 or $31 for late registration. Non-members pay $36 (early) and $41 (after January 10).
Rock Salt Steaks & Seafood
1232 Westlake Avenue North
Seattle, WA 98109
|Minimum Age: 0|
|Kid Friendly: No|
|Dog Friendly: No|
|Wheelchair Accessible: No|