Project Critical Chain and Critical Path. Can They Work in Harmony?
Explore the application of the Project Critical Chain and Critical Path in a real-world project example that was impacted by multiple types of critical constraints.
How to Assess the Accuracy of Your Cost Forecasts with TCPI
How do you evaluate the accuracy of your cost forecasts? Watch this video to learn how you can use the TCPI metric to assess the feasibility of your cost forecasts. Download the free audio mp3 podcast of this episode on iTunes. Want more training? Subscribe to Project Control Academy to receive complimentary training videos and resources delivered to […]
How to Forecast the Cost at Completion of a Project
How do you forecast the cost at completion of your projects? There are various methods to cost forecasting. Check out this video to learn the “performance-based cost forecasting methods” using Earned Value Management. Download the free audio mp3 podcast of this episode on iTunes. Want more training? Subscribe to Project Control Academy to receive complimentary training videos and resources […]
Earned Schedule- An improvement to EVM Scheduling Metrics
Earned Value Management (EVM) is a powerful tool for evaluating the schedule and cost performance of projects and predicting future results. However, existing earned value schedule performance metrics does not do a good job with schedule performance evaluation and prediction. Use of “Earned Schedule” enhances the earned value management ’s ability to better represent and […]
How to use Earned Value Management in Primavera P6? [Tutorial]
Have you ever wondered how you could apply Earned Value Management in the Primavera P6 scheduling tool? Wouldn’t it be nice if you can integrate your project cost with the project schedule right within your scheduling software? Primavera P6 enables you to control project progress and performance using Earned Value Management technique. In this tutorial, I […]
Top 5 Skills of a Cost Controller
Summary: Have you ever been in a project that finished over budget, and nobody could explain exactly why? Have you ever seen a cost report in a project that only showed the budget versus the expenditures? Have you ever published, or seen a cost report, and had no clue what the cost metrics meant? If […]