Once you’ve developed planned value data, the next step is to calculate earned value from the lowest activities to track overall project progress. To measure project progress, list the activities (including WBS) with budgeted hours or cost.
See the picture below to understand how you can track the overall progress of the various disciplines – piping and structure.
Showing posts with label Earned Value. Show all posts
Showing posts with label Earned Value. Show all posts
Develop A Progress S Curve That Will Make You An Expert – Part 4
You may think creating progress s curve for a project that involved multiple disciplines sounds overwhelming, but with the steps by steps tutorial, it couldn’t be easier. Learn how you can set up the progress S Curve in a few minutes.
Once all activities have been identified and assigned value ̶ budgeted cost or hours and a milestone system established, getting planned values, earned values and overall progress (percent completion) is a straightforward task. So, follow the five steps process below.
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