Riassunto
Schedule and cost management are the most essential parts of a project’s lifecycle. Many projects fail due to ineffectively managing these essential components of the project. The most commonly used tool for schedule management is Microsoft® Project, and the most commonly used technique for cost management is earned value management or EVM. There is a myth among project managers that EVM can or should be used for only large projects and that it will be effective only if the project is large enough. However, earned value management is mandated for most of the government projects in the United States of America. And soon other countries will follow suit. This book will bust this myth and show the readers how earned value management can be effectively applied to any kind of project, small or big, and with the same rigor as that of a large and critical project. This book is intended for all project managers, budding and experienced, in a sense that it will bring out the understanding of the entire concept of schedule and cost management through earned value management. This book and the tool that comes along with this book will help project managers manage their projects more effectively and take necessary action before their projects fail. The most important aspect of this book is that it is a practical guide to complete end-to-end schedule and cost management using the Microsoft® Project and the EVM reporting tools with some exciting tips. Along with this book, the readers will get the free version of the EVM template for projects, which is a tool to track and report status and progress of projects using the EVM technique. I wish to see that the readers of this book benefit from it in their day-to-day project-management activities and spread the word to use EVM for any type of project to ensure success. As this book is the second version of my previous book, Earned Value Management Using Microsoft Project, I delve into other subjects where the EVM technique can be applied effectively. I introduce the readers to various other metrics that can be used to better manage their projects, such as human resource management and financials management. And most importantly, an introduction to the "What-if Analysis" using the EVM tool is presented in a complete chapter. What-if Analysis using the EVM metrics is completely a new concept developed by the author and is very handy in giving details of what to expect from the project should the course of the project alter in future. What if analysis in the tool takes a lot of inputs from the project managers and provides near accurate prediction of the future course of the project with respect to Schedule and Cost implications. Explore the book for complete details.
Informazioni sull?autore
Mr. Sham Dayal is a postgraduate in applied statistics and a graduate in computer science. He has over eighteen years of experience in the IT industry. He started his career as a programmer and graduated to the middle management level. He has over ten years of project management experience. He has successfully executed many IT projects worth millions of dollars in his career. He has been managing projects with EVM and Microsoft® Project for quite some time now and has acquired a lot of expertise in this area. He has been a writer for some time and has written articles on EVM that were recognized and published in a leading journal published by Project Management Institute – Information Systems Specific Interest Group. He was a speaker in the Project Management Practitioners Conference held in Bangalore by the PMI Bangalore chapter. He has been a speaker in the PM Footprints seminar conducted by the PMI Bangalore chapter. His article titled “Effective Project Management through Earned Value Management” was published in PMI ISSIG Review in the first half of 2006. He has devised a new technique based on the EVM for projects and presented the paper titled “Earned Value Management for Production Support” in the Project Management Practitioners Conference 2006 held in Bangalore, India, conducted by the PMI Bangalore chapter. Mr. Dayal is the first person to successfully implement earned value management for project tracking (progress, status, and forecasting) at his organization. He was instrumental in creating a new and unique technique for tracking the progress of the production support projects. The technique is based on the earned value management concept and won the Quality Knowledge Excellence Award for the same. After writing a couple of books in the area of project management—namely, Earned Value Management Using Microsoft Office Project and Resource Economic Value Added—he has embarked on writing a revision to his first book, due to popular demand.
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