CPM Tennessee Valley Upcoming Meeting:

January 12th, 2021 (Tuesday)
3 p.m. to 5 p.m. CST 
(4 to 6 pm EST)

Virtual Meeting Details:
Mark your calendars as we kick off our 2021 series of quarterly meetings. Ms. Jen Horner, Deputy PM for DoD’s EVM-CR will discuss with us the IPMDAR, what is in the file, the EVM-CR workflow, tools and a demonstration of pivoting.

CPM Washington DC Upcoming Meeting:

January 14th, 2021 (Thursday)
5 p.m. to 7 p.m. EST
Register Now

Virtual Meeting Details:
Managing Dependencies between Subprojects plus bonus presentation on Earned Schedule

Vendor Hour: Earned Schedule
Think of Earned Schedule the same as you do Earned Value except Baseline Duration is used as the basis for “Planned” and “Earned” values and the “Budget at Complete” is equal to Baseline Duration. With Earned Schedule:

  • Work Scheduled (PV or BCWS) = the time phasing of Baseline Duration
  • Work Performed (EV or BCWP) = Baseline Duration times Percent Complete.
  • Actual Values (AV or ACWP) = the actual number of days taken to accomplish the Work Performed.

All traditional Earned Value metrics and indices are possible even if the project has no work or cost assignments.

  • Schedule Variance (SV) is the difference between work days performed vs work days planned. If a task has a negative SV, it is behind schedule.
  • Actual Variance (AV or CV) is the difference between work days performed and work days actually consumed. If a task has a negative AV, it is taking longer to finish than originally planned.
  • Schedule Performance Index (SPI) is the ratio of work or task days performed vs. the amount planned.
  • Cost Performance Index (CPI) is the ratio of work or task days performed vs. the amount of days actually consumed. (just remember to think of cost in terms of days)
  • Estimate to Complete (ETC) is equal to the number of days remaining for a task or collection of tasks.

Presentation: Managing Dependencies between Subprojects
A “Program” is often a collection of Projects and Subprojects. Often, these projects and subprojects are owned and maintained by separate teams or organizations within a company or even by different companies. For the most part, Projects and Subprojects have Internal Dependencies between their own tasks and milestones. In many cases, however, an External Dependency exists where teams share or exchange key information, documents, drawings, hardware, software or some other type of work product. Common names for External Dependencies include “Givers” and “Receivers”, “Inputs” and “Outputs” or “Cross Project Dependencies”. Managing a Program having External Dependencies requires explicit identification of these dependencies which may include a Unique Identification Code or number and Tags/Flags to show which project provides the external dependency (the “Output” or provider) and who receives the external dependency (the “Input” or user).

This topic describes industry proven techniques to Identify, Code and Flag Cross-project dependencies (Givers/Receivers) in a planning environment with Master Projects and Sub-projects. This scalable, robust and simple technique supports a “linked” project environment where all subprojects are dynamically linked in an IMS or an environment having a collection of separate projects that are never embedded into a IMS. This technique even supports a summary level project environment where only the performance of key events or milestones from many projects are shown as a “Manager’s view”.

IPMW Virtual

January 19 – 21 & 25 – 27, 2021
For Detailed information, check out the IPMW Virtual Site

Registration NOW OPEN!

CPM Washington DC Upcoming Meeting:

February 18th, 2021 (Thursday)
5 p.m. to 7 p.m. EST

Virtual Meeting Details:
PM Practices in the Age of COVID-19 
Join Jason Kinder of Pinnacle Management as he moderates a lively discuss with project management practice leaders Basis Soutos, Founder, Samos Advisors and Matthew Raposo, Director of Project Controls, Vigor.

Register Now

EVM World 2021

Spring 2021
Additional Details Coming Soon!