Primary Author: Mr. Robert Loop EVP PSP
Audience Focus: Intermediate
Application Type: Application
Venue: 2014 AACE International Annual Meeting, New Orleans, LA, USA
Abstract: A fundamental principle of earned value consistent with the ANSI/EIA-748 requirements is the integration of scope-schedule-budget. Scope growth is a common reason for projects to exceed contractual and internal cost targets. One reason for growth is not keeping scope integrated with cost and schedule. This paper/presentation will address scope management with earned value. Scope at the project level is planned through the WBS to the control account level where it is then integrated with schedule and cost. This is a fundamental requirement of ANSI/EIA-748 Guideline 8. The integration creates an integrated performance measurement baseline. It is important that the integration is maintained after the baseline has been established with change control. Besides driving project cost, scope management is a key component to understanding EVM baseline control.
Audience Focus: Intermediate
Application Type: Application
Venue: 2014 AACE International Annual Meeting, New Orleans, LA, USA
Abstract: A fundamental principle of earned value consistent with the ANSI/EIA-748 requirements is the integration of scope-schedule-budget. Scope growth is a common reason for projects to exceed contractual and internal cost targets. One reason for growth is not keeping scope integrated with cost and schedule. This paper/presentation will address scope management with earned value. Scope at the project level is planned through the WBS to the control account level where it is then integrated with schedule and cost. This is a fundamental requirement of ANSI/EIA-748 Guideline 8. The integration creates an integrated performance measurement baseline. It is important that the integration is maintained after the baseline has been established with change control. Besides driving project cost, scope management is a key component to understanding EVM baseline control.