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Milestone Trend Analysis

Bilal MohammedMember for 19 years 9 months
Created
6
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Hello Friends

Can Anyone tell me What is a Milestone Trend Analysis? And How can we make it manually?

6 replies

Oldest first
  1. 0
    Anoon Iimos ·
    i guess it’s a series of deliverables depending on how you define it!

  2. 0
    Stephen Devaux ·
    My guess would be CPI and SPI earned value analysis. At least, that (in its different flavours) is one pretty good form of milestone trend analysis.
  3. 0
    Anoon Iimos ·
    CPI, SPI, a lot of iss, EV, VE, VA, VM, a lot ess & mss, but none of them is a deliverable
  4. 0
    Vladimir Liberzon ·
    Bilal,
    I don’t know what you call milestone trend analysis but I can suggest what we use as trend analysis for milestones.
    It is supported by Spider Project but can be done manually too.
    Let t0 be the initial milestone finish date. After enetering 1st actual data it will become t1, 2nd - t2, etc. Now you can keep the history (for an example entering data in Excel) and create the graph that shows how forecasted finish date changed in time. If it rose you shall consider corrective action.
    Another interesting trend - the variance from the baseline scheduled dates.
    Trends can be created for cost and other data.
  5. 0
    Stephen Devaux ·
    That’s a nice feature, Vladimir. It would make it relatively simple to accumulate the sort of data I suggest for a post mortem agenda, here:

    http://www.totalprojectcontrol.com/resources/resources.html
  6. 0
    Vladimir Liberzon ·
    Steve,
    Spider Project keeps project archives (project history) and shows trends in time for any project parameter.
    Our users can open project model as it existed at any moment in the past.
    Actually we always suggest to manage by trends and discovering negative trends to find the reason. It is very useful for project performance analysis.
    In project performance analysis we pay more attention to risk analysis (success probability trends).

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