Transforming EDMS into Integrated EVMS

As generally understood, Electronic Data Management System (EDMS),  is an automated system to store and retrieve documents digitally to avoid piles of manual documents and the complexity  involved in manually managing them. The key benefits from the EDMS are; Providing the right document to the right person at the right time with ease Better document … Continue reading Transforming EDMS into Integrated EVMS

Great opportunity to contribute to the project management professional community

Here are two standards open for review for the members of the Project Management Institute, USA. Practice standard for project estimating, second edition. The review period ends on 6th May 2019 The standard for Earned Value Management (EVM). The review period ends on 30th April 2019 Click here to access the draft documents for review

Applying Earned Value Management successfully

Applying-Earned-Value-Management-successfully – WorkAsOne ­ When is Earned Value Management (EVM) applicable? We say: in every single construction project. We are not the only ones who think so. Association for the Advancement of Cost Engineering (AACE), being more function and detail-oriented, addresses this at length in their Recommended Practices. AACE defines two key concepts in EVM: … Continue reading Applying Earned Value Management successfully

Understanding Earned Value Management System (EVMS)

Scope of the project : This project comprises of laying a fence around a square plot of size 1 km on each sides (A,B,C,D). Each side has a budget of 1000. The work is supposed to get over on the 4th week. The surveyor is conducting the survey to assess the progress after 4 weeks … Continue reading Understanding Earned Value Management System (EVMS)