Technical Program Abstracts

(EVM) Earned Value Management


(EVM-2758) Structuring a Schedule and Cost System (Generic) for an Integrated Cost/Schedule EVMS

Author(s)/Presenter(s): Charles D. Blankenbiller
Time/Location: Sunday, June 24 from 1:00pm to 2:00pm / Regatta AB (4th Floor)

Abstract:

[Level: Basic] Many Project Controls Organizations use a separate cost and scheduling software. A common code is the typical process used to relate the two systems and be able to get Earned Value Metrics from a common system. The development of this code takes communication. A well-structured code can add flexibility, conformance, and easier integration. This presentation will outline some best practices for accomplishing this code development.

This presentation will also provide examples for other processes to consider; change control, additional schedule coding, schedule health, and others. Change control is essential to properly correlate baseline and current schedules as well as cost budgets and actual costs to date. Additional schedule coding can allow for flexibility in analyzing performance. Schedule health is essential for confirming that data has integrity as well as other processes to integrate cost and schedule.

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