Hi,
after many years of using traditional EVM on EPC Projects and always feeling that the effort required to run a EVM system never justified either the claims made for it by it's protagonists or it's (lack of) use in decision making by senior management I have put a few ideas together on how we can improve it's presentation to impart a better understanding of the output and that famous 3-line planned - earned - actual graph.
So the standard SPI, CPI indices (say presented as 0.9, 1.1 etc) now have added fields of
1 which function is being used as a measure - budget, manhours, quantities, activity-days etc
2 which baseline is being used - original, update 1, update 2 (after + or - changes / eot's
3 when the indices is produced - period / month of contract period P21 of 28
4 which CPN schedule is being used - early start = 0% , late start = 100% or something inbetween
If you want to read and comment on the paper drop me a message or send me your email address
Regards
Peter