Level:
Intermediate
TCM Section(s):
9.2. Progress and Performance Measurement
6.4. Forensic Performance Assessment
Venue: 2022 AACE International Conference & Expo
Abstract: Earned value management (EVM) integrates scope, schedule and costs to provide a factual basis from which methods can be applied to evaluate actual progress and performance, including resources, against the planned schedule and budgets. The analyst can then determine whether schedule and costs are meeting planned targets and budgets.This panel will explore what characteristics make an EVM system the source of robust data with integrity for use in claims analysis, both prospectively and retrospectively.The panel will also examine the challenges EVM practitioners may encounter while seeking to ensure that their EVM data can be readily used by forensic experts in the preparation and analysis of schedule delay and lost productivity claims.
TCM Section(s):
9.2. Progress and Performance Measurement
6.4. Forensic Performance Assessment
Venue: 2022 AACE International Conference & Expo
Abstract: Earned value management (EVM) integrates scope, schedule and costs to provide a factual basis from which methods can be applied to evaluate actual progress and performance, including resources, against the planned schedule and budgets. The analyst can then determine whether schedule and costs are meeting planned targets and budgets.This panel will explore what characteristics make an EVM system the source of robust data with integrity for use in claims analysis, both prospectively and retrospectively.The panel will also examine the challenges EVM practitioners may encounter while seeking to ensure that their EVM data can be readily used by forensic experts in the preparation and analysis of schedule delay and lost productivity claims.