Calculating, Monitoring, Evaluating and Reporting Project Schedule Performance Index on Capital Construction Projects

The paper written by Bahaa Hussein and Osama Moselhi on “Performance Reporting Using Schedule Compression Index” has detailed a number of performance indicators that can provide a better insight on how a capital construction project is performing for the time or schedule management aspect. Those include the Schedule Performance Index Read more…

Managing, Monitoring, Evaluating, and Reporting on the Funding Limit Reconciliation for Capital Construction Projects

Funding Limit Reconciliation for capital construction projects is the process of comparing the planned expenditure of project funds against any limits on the commitment of funds for the project to identify any variances between the funding limits and the planned expenditures (Project Management Institute, A Guide to the Project Management Read more…

Monitoring, Evaluating, and Reporting on the Performance Factor Indices (PFI) for Earned Value Management (EVM) on Capital Construction Projects

For some of those who are involved in the Earned Value Management (EVM) reporting on capital construction projects, continue to use different factors to adjust the calculated Estimate to Complete (ETC) for the remaining scope of work for each work package. Those factors known as the Performance Factor Index (PFI) Read more…