EVM 3: Cost Analysis

Cost analysis is basically determining progress in terms of the amount of work completed (EV-Earned Value) vs. what was paid to get the work done (AC-Actual Cost) So in our previous film example, we know that the EV was $40,000 and the AC was $80,000. The formula for the Cost Performance Index (CPI) is EV/AC […]

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EVM 2: Schedule Analysis

Performing Schedule Analysis is the next part of the EVM we’ll cover with a brief overview using our indy film example. Schedule analysis is comparing the amount of work completed vs. the amount of work which should have been done. It includes calculating the Schedule Performance Index (SPI) and the Schedule Variance (SV). From EVM […]

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PMP Certification–DONE!

4 hours and 200 story problems later, the exam is officially in the “passed” tense : ) What a grueling exam!! I used every minute of my 4 hours and was sure at the the half way mark there was no way to finish it all. Walking in, they make you empty all pockets and […]

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PMP Journey: The Process Begins

What is a PMP?  Officially, it stands for Project Management Professional and is the worldwide certification offered by PMI, the Project Management institute.  Requiring over 4500 hours of project management, 35 hours of class and a four hour, 200 questions (story problem style)…and a LOT of caffeine (that last part varies with users).  I’ve completed […]

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