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Earned Schedule Management (ESM)

Satya Narayan Dash 8 Comments 0 like Articles
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Written by Satya Narayan Dash
Satya Narayan Dash is a management professional, coach, and author of multiple books. Under his guidance, over 2,000 professionals have successfully cracked PMP, ACP, RMP, and CAPM examinations – in fact, there are over 100 documented success stories written by these professionals. His course, PMP Live Lessons - Guaranteed Pass, has made many successful PMPs, and he’s recently launched RMP Live Lessons - Guaranteed Pass and ACP Live Lessons - Guaranteed Pass. His web presence is at https://managementyogi.com, and he can be contacted via email at managementyogi@gmail.com.  
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8 Comments

  1. Hi Satya, I very much liked this article, and I am very much interested in the math of PM. I am currently thinking a lot about AT (actual time), but not from the perspective of schedule efficiency, but schedule effectiveness instead. I think in that case, we need a much different set of equations – ha! For example, on AT, I am not so sure that the time spent on a task, and the time entered spent on a task is the same. Until we sort that out, I’m not sure if we can ever PREDICT project success, which is what I want math to do. Cheers, Jigs

  2. Satya, I agree with Jigs, very good article and I am also interested in the math. Check out your figures in the BAC note. I am pretty sure only seven figures should be used to represent $1M.

    Keep the articles coming, we always enjoy them… yours too Jigs.

    Best,

  3. Jigs, thanks for the comment. Why you think AT is needed to PREDICT project success?

  4. Thanks John. It has been updated.

  5. Thanks Rafael. Glad that you like it. The formula for ES is calculated by taking the number of time increments (as on the status date) and summed up with the division of differences of BCWP&BCWS and differences in incremental values of BCWS.

  6. Thank you Manjunath.

  7. Your article was very informative. I’ve also encountered similar situations where EVM seems to fall short in schedule status. I would like to echo Stephen’s question and ask if you could provide the custom formula for ES. It’s not clear if you’re using a Duration or Number field either.

  8. Very well written I must say. Short & easy to understand the concept of ES.

    Do newer version of MSP provides any option to automatically calculate Earn schedule? or we have to manually calculate ES through custom fields. I deem “Duration variance” field also seres the same purpose here. Please clarify.

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