Projects: Managing Costs
Gain insights into effective budgeting and cost control strategies. Learn how to manage project costs, track expenses, and optimize budget allocation for project success with MPUG’s resources.
Understanding Earned Value Fields
In the first article of this series, I discussed the importance of Earned Value Management, or EVM, which evaluates the performance of your project in terms of its schedule, cost, and work. Earned val...
Time is Money: The Importance of Earned Value Management
In my previous article, I discussed the importance of a baseline, and how, without one, a PM doesn’t have a yardstick, per se, to measure with. Project Management presents many tools and techniques fo...
Misconception #4: Managing Resources in Project is Too Hard
Managing resources in Project is certainly not simple. If you’ve worked in Primavera or other scheduling tools, you know there’s even more complexity for how to utilize resources. Of course, there are...
Multiple Views into the Same Project File
Different views into the same MS Project file enables us to see a schedule from multiple perspectives. Using the split view feature is one way to do this. The Project window is split into two panes, w...
Sharing Resources Across Multiple Projects
A resource pool can help you see how resources (i.e., work or materials) are used across multiple projects, so you will be able to track costs per plan, as well as the cumulative costs across multiple...
Extending the Resource Usage View
The Resource Usage view is a powerful view in Microsoft Project. The Usage table on the left side of the view displays each resource in your project team, along with the tasks to which each resource i...
Earned Value Management (EVM) in Agile Development
In this article, we are going to explore Earned Value Management (EVM), a widely used traditional management technique, but we are going to look at it within the context of an Agile domain. Let’s cons...
How To Reschedule Incomplete Work
A colleague posed a problem recently. He recorded earned value after tracking work done in the first status period of his project. When recording work done in the second status period, he returned to ...
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