How to monitor your project once it's underway. Is it going accoridng to plan?

1. Project Management 9. Performance Management

2. Week 9

3. Performance management

17. current status of project (schedule and cost) remaining cost to compete project date that project will be complete potential problems to be addressed now out-of-control activities requiring intervention Cost and/or schedule overruns & their reasons Forecasting overruns at time of completion What data are collected?

21. How long should a project status report be?

22. 1 page

23. <example>

24. office.microsoft.com/en-us/templates/TC011417231033.aspx http://saulcarliner.home.att.net/idbusiness/statusreport.htm http://www.projectperfect.com.au/info_status_report.php More info www.ic.arizona.edu/~profcomm/writing/samples/stat_samp_s1.htm www.projectconnections.com/knowhow/subsets/sample-templates/StatusReports.doc

30. Monitoring Time Performance

33. Figure 13.1 Baseline Gantt Chart (Gray & Larson, 2006, p414) Time A Gantt Chart

35. Figure 13.2 Project Schedule Control Chart (Gray & Larson, 2006, p415) A Control Chart

37. Monitoring Systems Disparities Picture by Pensiero

43. Earned Value Management

48. Terms to learn PV AC EV Planned Value Actual Cost Earned Value CV Cost Variance SV Schedule Variance CPI Cost Performance Indicator SPI Schedule Performance Indicator

61. Scenario Example

66. Earned Value Chart for Project after 5-Months

68. Max Wideman

70. Table 13.3 Interpretation of Indexes (Gray & Larson, 2006, p429)

71. An alternative Source: http://www.mountaingoatsoftware.com/release_burndown

72. Week 2 lecture

76. Developing an Integrated Cost/Schedule System

77. Compute Calculate Collect Schedule Resource plan WBS Budget Plan Monitor

80. Figure 13.3 Project Management Information Systems Overview (Gray & Larson, 2006, p419) Integrated Cost/ Schedules

82. Project Baselines

83. Week 4 lecture

90. Figure 13.14 Scope Changes to a Baseline (Gray & Larson, 2006, p436)