Tag Archive
80/20 analysis
80/20 rule
Communication
conflict resolution
earned value management
EVM
manage scope
Negotiation
PDCA
PMBOK
PMI
PMI PMBOK
PMP
PMP tools
problem solving
project closing
project constraints
project constraints redefined
Project Humor
Project Initiation
Project Management
project management humor
project management tools
project managment tools
project methodology
Project Planning
project pricing
project recovery
project team conflict
project team conflict resolution
project team development
project triage
project triage remediation
project triange
RACI Matrix
Return on Investment
ROI
scope management
T&M
take it or leave it
team development stages
time and materials
Tools
troubled project
updated project constraints
Basic Elements of EVM
By: Ray Myers, Jr., PMP The basic elements of Earned Value Management (EVM) are: Planned Value (PV) PV is the planned, budgeted, or estimated cost for the work performed as of a reporting date. PV is calculated by multiplying the hourly rate times the number of hours planned to accomplish the work. PV = Hourly Rate x Total... »
Project EVM Formulas
By: Ray Myers, Jr., PMP If you haven’t seen or used EVM formulas, you will at some point in your project management career and you will need to know these formulas to pass the PMP examination. EVM stands for Earned Value Management. Earned Value is a simple and easy to use method to quickly determine... »