Guild of Project Controls: Compendium | Roles | Assessment | Certifications | Membership

EVM

The CPI Stability Myth

Posted Tue, 2012-11-27 05:34 by Patrick Weaver

Undoubtedly the longest running ‘urban myth’ in circulation within the general project management community, arising from US Defence based research from the early 1990s, that the Cost Performance Index (CPI) always stabilizes at the 20% completion and the final outcome will be within 10% of this value and usually worse. This myth has been extended by some authors to all projects in all industries; and I would suggest that this is demonstrably false in at least some circumstances.

EVM Utilized Effectively-An Integrated Consulting Article

Posted Mon, 2011-11-14 18:07 by Millie Brinkley

Proper execution of projects is often hampered by inadequate planning during the initiation phase, which evolves into plans which cannot be managed effectively during execution. However, even when the planning process is successful, and what is assumed to be a well derived plan is established, project management can still be ineffective. This is typically the result of not having the capability to accurately monitor and control schedule and/or cost.

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