How to Have a Trustworthy and Auditable Anticipated Estimate to Complete (ETC) Projection

When it comes to delivering capital construction projects, the use of earned value management (EVM) measures and metrics are very common to report the project’s cost performance. Those measures will mainly include the cost variance (CV), cost performance index (CPI), and variance at completion (VAC) which is the difference between Read more…

PMWeb 7 Planned and Actual Material Usage

Evaluating Planned and Actual Material Resources Usage on Capital Construction Projects

It is a common practice that an integrated project schedule’s activities will be loaded with their required labor, equipment, and material resources. The steps for assigned material resources are detailed in the article titled “Primavera P6 and Material Resources” (https://tensix.com/2017/10/primavera-p6-and-material-resources/) from which the Primavera P6 screen below was extracted. The Read more…

PMWeb 7 Daily Dashboard Register

How to Have A Real-Time Daily Site Performance Dashboard for Capital Construction?

There is a growing trend among executive project stakeholders to require having access to a daily project dashboard in addition to their usual monthly and sometimes weekly progress dashboards. This daily dashboard will keep those stakeholders informed of all key events and achievements that have occurred on the project. The Read more…