AS 4817-2003

1 - AS 4817-2003 PROJECT PERFORMANCE MEASUREMENT USING EARNED VALUE
4 - PREFACE
5 - CONTENTS
6 - FOREWORD
7 - Section 1 INTRODUCTION
7 - 1.1 Scope
7 - 1.2 Application
7 - 1.3 Definitions
7 - 1.4 What is Earned Value?
10 - 1.5 Benefits of Earned Value Performance Measurement
11 - Section 2 EARNED VALUE PERFORMANCE MEASUREMENT
11 - 2.1 Basic Actions
11 - 2.2 Basic Concepts
11 - 2.2.1 Implementation
12 - 2.2.2 Example of EVPM
13 - 2.3 What About a More Complex Project?
13 - 2.3.1 Example
14 - 2.3.2 Estimate at Completion
17 - Section 3 THE EARNED VALUE PERFORMANCE MEASUREMENT PROCESS
18 - 3.1 STEP 1: Decompose the Project Scope
18 - 3.1.1 Requirements
18 - 3.1.2 Guidance
19 - 3.2 STEP 2: Assign Responsibility
19 - 3.2.1 Requirements
19 - 3.2.2 Guidance
20 - 3.3 STEP 3: Schedule the Work
20 - 3.3.1 Requirements
20 - 3.3.2 Guidance
21 - 3.4 STEP 4: Develop Time-Phased Budget
21 - 3.4.1 Requirements
21 - 3.4.2 Guidance
22 - 3.5 STEP 5: Assign Objective Measures of Performance
22 - 3.5.1 Requirements
22 - 3.5.2 Guidance
23 - 3.6 STEP 6: Set the Performance Measurement Baseline
23 - 3.6.1 Requirements
23 - 3.6.2 Guidance
24 - 3.7 STEP 7: Authorise and Perform the Work
24 - 3.7.1 Requirements
24 - 3.7.2 Guidance
25 - 3.8 STEP 8: Accumulate and Report Performance Data
25 - 3.8.1 Requirements
25 - 3.8.2 Guidance
26 - 3.9 STEP 9: Analyse Project Performance Data
26 - 3.9.1 Requirements
26 - 3.9.2 Guidance
27 - 3.10 STEP 10: Take Management Action
27 - 3.10.1 Requirements
27 - 3.10.2 Guidance
28 - 3.11 STEP 11: Maintain the Baseline
28 - 3.11.1 Requirements
28 - 3.11.2 Guidance
29 - ANNEX A - GLOSSARY
35 - ANNEX B - MEASURING AND ANALYSING PERFORMANCE
35 - B1 Introduction
35 - B1.1 General
35 - B1.2 Basic Cost Performance
36 - B1.3 Basic Schedule Performance
37 - B2 Formulae
37 - B2.1 Scope
37 - B2.2 Percent Complete or Spent
37 - B2.3 Performance Indices and Percentages
37 - B2.4 At Completion Formulae
38 - B2.5 Independent Estimates at Completion (IEACs)
38 - B2.6 To Complete Indices
39 - B3 Analysis
39 - B3.1 General
39 - B3.2 Use of Indices
39 - B3.3 Variance Analysis
40 - B3.4 Reliability of the Estimate at Completion
41 - ANNEX C - COMMON CHARTS AND THEIR INTERPRETATION
41 - C1 Cumulative Performance Chart
42 - C2 ‘At Completion’ History Chart
43 - C3 Combined Performance Chart
44 - C4 Variance Chart – Period Data
45 - C5 Variance Chart – Cumulative Data
46 - C6 Variance Chart – Cumulative In Percent
47 - C7 ‘Bull’s Eye’ Chart
48 - C8 Efficiency Chart
49 - C9 Automated Tables
50 - C10 Independent Estimates At Completion Chart