Skip to content
ProjectControls.com
Planning, Scheduling & Programming Discussion

EARNED SCHEDULE

In the Open Standard
Barry FullartonMember for 17 years 9 months
Created
5
2
0
Hi Guys

I have been working on this concept, or should I say trying to better understand it and hoping there could be input from all of you.

I think it is known that EV (Earned Value) can’t be transposed onto the schedule to measure schedule performance, has any one worked with this in depth to be able to submit a reply to me on how they have found it works

regards
Save Follow Follow forum Report
Reply New topic

5 replies

Oldest first
  1. 0
    Yayan Numing ·
    #1
    Hi....

    If U want to know how EV works, I suggestion U read the book Earned Value management or U can download some solutiion for that’s book in (www.humphreys-assoc.com).

    bs
    yayan
    Report
  2. 0
    R. Catalan ·
    #2
    Barry,

    Try below link to my post as start. Also, you can use the search utility here to get EVA posts from other contributors.

    http://www.planningplanet.com/forum/forum_post.asp?fid=1&Cat=5&Top=55877

    Regards,
    Report
  3. 0
    Darren Kosa ·
    #3
    Yayan / R. Catalan,

    Reading through both of your posts and forgive me if I’ve got the wrong end of the stick. I don’t think Barry wants to know about Earned Value per se, but rather Earned Schedule.

    Earned Schedule

    Traditionally Earned Value measures schedule performance as a cost, not in units of time. It also has an idiosyncratic tendency to show perfect schedule performance at the end of the project or if the project slips past its baseline end date.

    Earned Schedule is supposedly the next step on from Earned Value as you can apply equivalent formulae and measure schedule performance in units of time and enhance your Earned Value reporting.

    I’m yet to be convinced of its value (pardon the pun), however, that’s probably more to do with my limited understand of the subject. Perhaps I’m labouring under a misapprehension, but if I wanted to predict an end date for the project, I would be more inclined to utilise a Gantt chart and precedence network.

    Regards,

    Darren
    Report
  4. 0
    Stephen Devaux ·
    #4
    Wow! Something new! Thanks, Barry and Darren!

    I’m trying to digest it. I’m still concerned (as I mentioned WRT SPI in the other thread) that it ignores the most important element of schedule theory, i.e., the CP. But maybe that can be adjusted also by putting the milestomes on the ALAP dates, as with SPI.

    I look forward to discussing this further when I understand it better.

    Steve
    Report
  5. 0
    Trevor Rabey ·
    #5
    Steve, it’s been around for a while and was kind of inevitable. EV measures differences and ratios on the vertical axis and it was just a matter of time before someone measured differences and ratios horizontally.
    It still ignores CPM and has other similar flaws as EV.
    Report

Log in or join to reply

ProjectControls.com is free to join. Members can post questions, reply, vote and follow discussions.

Log inJoin free

Existing members: your original username and password still work. Forgot password?