I am working on this prog that was made by someone else. I, don't assign cost or labor units to engineering activities such as submissions and approvals of materials, drawings etc because often these activities have a lot of float so they end up messing the percentage values (as I have noted that scheduled percentage values are calculated from early start date. Hence despite having a total positive float the project lagged behind in the percentage leading to tussle with the client). What I found in the prog I received is that cost and labor units both were assigned to activities in engineering and procurement because then only the schedule percentage and unit percentage values rolled up in the summary. Is there any other way you guys are monitoring your progress?
I am new to this field trying to learn.
Thanks
progress would be based on what is done and what is not done. This will determine float values.
if you are not using manhours or cost then you will have to the original time frame vs the current date vs forecated time frame
ie
original project 1000 days
as of the current data date you are on # 500 therefore linerarly 50% of your available time frame has elasped. You should be 50% complete because 1000/500 = 50%
actual progress shows you finishing on day #1300 you are 300 days behind schedule. Data date is day #500
Therefore 1300/500 = 38% complete actual vs planned 50%
you can apply this same logic based on # of activities planned to ve completed vs # of activities actually completed
Can you please elaborate a bit? Thanks a lot for the rest of the help.
by manhours and cost for physcial work