Updating P6 Programme for remeasured Contract

Hi OL

Was it an official remeasurement agreed by both sides? Was then any reason why it wasn't re-baselined as well?

This is management's not planners' decision.

Basically you have two alternatives:

1. Build a new plan and make this the new baseline. But you'll have a rupture in all s-curves and reports, which often must be explained. P6 can examine both BL simultaneously.

2. Leave the old BL, then you can better explain variances (e.g. EOT claims, ...)

Which alternative to choose will depend on the current situation. So you'll make your proposal.

During my first lesson at University in planning I learnt that it is just by chance if reality meets plan or forecast. Variances do happen.

Good planning!

Dieter

Earned Value is so dumb that it promotes keeping the baseline fixed. As per DOD the father of the creature you have 5 options.

http://www.acq.osd.mil/evm/docs/OTB-OTS%20Guide%20121205.pdf

3.5.6.2 Adjusting Variances:
A key consideration in implementing an OTB is to determine what to do with the variances against the pre-OTB baseline. There are essentially five basic options. This is a far more detailed effort than these simpledescriptions imply, as these adjustments have to be made at the detail level (control account or work package).

3.5.6.2.1 Eliminate all Variances:
3.5.6.2.2 Eliminate the Schedule Variance (SV) Only:
3.5.6.2.3 Eliminate the Cost Variance (CV) Only:
3.5.6.2.4 Eliminate Selected Variances:
3.5.6.2.5 Retain All Variances:

It was the main reason behind the Big Dig failure.

http://warnercon.com/wp-content/uploads/2012/08/AContinuouslyChanging1.pdf

The DOD warns against its use on fixed price contracts.

http://www.goaztech.com/media/documents/evmigoct06.pdf

"2.2.3.7 Exclusions for Firm Fixed Price (FFP) Contract Type. The application of EVM on FFP contracts and agreements is discouraged, regardless of dollar value.