Guy91

Guy91

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    Management
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    Management

    Human Resource Planning Project Team Building Project Team Formation Project Team
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    the budgeted costs and the required quality.
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    the budgeted costs and the required quality.

    Quality scope cost and time together constitute the key factors for project success. Translated with www.DeepL.comTranslator (free version)
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    Overview Successful project management is about
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    Overview Successful project management is about

    meeting the expectations of project stakeholders within the agreed time and scope
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    Use the current deviation as if it were a typical
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    Use the current deviation as if it were a typical

    form for the future. Chapter 9 Project Quality Management 9.1 Project Quality Management
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    (actual expenditure + budget for remaining items
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    (actual expenditure + budget for remaining items

    as modified by the actual cost performance index (CPI)) Application
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    will not occur again. (where BAC-EV is the
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    will not occur again. (where BAC-EV is the

    remaining budget3) Equation 3 EAC = AC + (BAC-EV)CPI
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    not suitable 2) Equation 2 EAC = AC + BAC-EV
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    not suitable 2) Equation 2 EAC = AC + BAC-EV

    (actual expenditure + budgeted BAC-EV for the remaining work) Application The current deviation is considered exceptional and a similar deviation
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    ⊙ Past implementation shows that the original
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    ⊙ Past implementation shows that the original

    estimate is completely out of date ⊙ Conditions change that the original estimate is
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    (behind schedule) Project performance assessment methods deviation analysis
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    (behind schedule) Project performance assessment methods deviation analysis

    trend analysis earned value analysis Estimate of completion (EAC) 1) Equation 1 EAC=AC+ETC (actual expenditure + new estimate for remaining work)
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    in the completed work up to a certain point.
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    in the completed work up to a certain point.

    ETC (Estimated cost of remaining work) ETC = total PV - EV completed or ETC = PV of remaining work x CPI2) Most common yardsticks CV (Cost deviation) CV = EV - ACCV0 (Cost saving) CV0 (Cost overrun) SV (Schedule deviation). SV=EV-PVSV0 (over schedule) SV0 (behind schedule)
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    EV (Earned Value) t
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    EV (Earned Value) t

    he budgeted value of work actually completed i.e. the amount of money that should be invested
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    components Cost Change Request
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    components Cost Change Request

    Approval of Cost Change and Change Cost Budget). Earned value management 1) four key values PV (planned value) total value of the cost estimate component; AC (actual cost) total cost completed within the specified time frame.
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    Requested Changes Recommended Corrective
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    Requested Changes Recommended Corrective

    Actions Organisational Process Assets The Project Management Plan Update Cost Change Control System consists of three
    Measurement Forecasting Techniques Project Performance Assessment Project Management
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    Measurement Forecasting Techniques Project Performance Assessment Project Management

    Software Deviation Management Cost Estimate (Update) Cost Baseline (Update) Performance Measurement Forecast Completion
    Project's Funding Requirements Cost Performance
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    Project's Funding Requirements Cost Performance

    Reports Job Performance Information Approved Change Requests Project Management Plan Cost Change Control System Performance
    Prevent problems with project scope
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    Prevent problems with project scope

    schedule and quality arising from cost control. Input Tools and Techniques Outputs Cost Baseline