How to implement earned value management
The step towards productivityEarned value management is not an earning for effort expended. It is an earning for results gained. [...]
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All posts tagged: Project Cost Management
Introduction to earned value (EV) in project cost management
Earned value management is a measurement of results against efforts.Earned value is useless if not bound to a daily production [...]
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Analogous Estimating
The Analogous Estimating Method uses attributes and values from previous projects that are similar to the current project. In its [...]
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Rough Order Magnitude (ROM)
The so called "Rough Order Magnitude Estimate or ROM" is a short form of analogous estimating and is used during [...]
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Four elements of project cost management
In my previous post Project finances and decision making I elaborated why effective decisions making is essential for a successful [...]
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Project finances and decision making
It’s all about money, managing industrial projects requires more money than it did in the past. Many of the industrial [...]
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