We load resources rather
than costs so we can resource level and get the cost estimate and PV early,
late and resource leveled, free as a byproduct.
We decide whether to use
direct costs or indirect costs or both, or include overhead, for each project.
Schedule Performance Index
(SPI) is a fantastic metric. If you manage by exception and fix just the
activities that are close to critical and behind schedule you stay on schedule.
If you stay on schedule you generally stay on budget unless the budget was
wrong. If you stay on schedule and budget, quality is generally high. The great
thing about EV and SPI is that they are free! CPI is a lot of work, depending
on the level at which you capture your actual costs. You get 80% of the value
of Earned Value just from SPI. Only our best clients are doing AC and CPI
really well, each week.
