determining the health of a project through earned value management
DESCRIPTION
Determining the Health of a Project through Earned Value Management. Determining the Health of a Project through Earned Value Management. What and Why When How Outcomes Limitations EVM and RM Integration. Clearing and grubbing for a new water treatment plant in Kassan, Alaska. - PowerPoint PPT PresentationTRANSCRIPT
Determining the Health of a Project Determining the Health of a Project through Earned Value Managementthrough Earned Value Management
What and WhyWhat and Why
WhenWhen
HowHow
OutcomesOutcomes
LimitationsLimitations
EVM and RM EVM and RM IntegrationIntegration
Clearing and grubbing for a new water treatment plant in Kassan, Alaska
Determining the Health of a Project Determining the Health of a Project through Earned Value Managementthrough Earned Value Management
What and WhyWhat and Why
EVM is a project management technique EVM is a project management technique that:that:– Objectively quantifies project progress and Objectively quantifies project progress and
performance in terms of dollarsperformance in terms of dollars– Measures actual performance against an Measures actual performance against an
assumed spending baselineassumed spending baseline– Provides indicators of future performance Provides indicators of future performance
based on past performancebased on past performance
WhenWhen
ScopeScope
ScheduleSchedule
BudgetBudget
Earning RulesEarning Rules
Accrued CostsAccrued Costs
Picture Here
Installing a well line in Pitka’s Point, Alaska
Toksook Bay, AlaskaToksook Bay, Alaska
590 residents590 residents
New WTP/WSTNew WTP/WST– $8.86M$8.86M– Const. Comp = Const. Comp =
8/31/138/31/13
Scope ItemConstruction ActivitiesOOK 07-002 - Water Treatment PlantConstruction start DateInitial Material Flown/unload and transportSafety & Safety Stand DownL - Housing Set-upSite workClear & grub/haul off, 1300CYL - Haul In NSF Place NSF/Compact/gradeGrade and set connexBarge Arrival/unload/transfer to sitePiling ContractPiling Contractor for WTP Piling Contractor for WSTSet up for Pipe WorkRaw Water from 3A and 3BL - C-143 Station 49+50 to 40+00L - C-142 Station 49+00 to 29+00
HowHowScope – Work Breakdown StructureScope – Work Breakdown Structure
Scope Item Est Start Est CopmConstruction Activities 03/12/12 08/31/13OOK 07-002 - Water Treatment Plant 03/12/12 08/31/13Construction start Date 05/02/12 05/02/12Initial Material Flown/unload and transport 05/02/12 05/03/12Safety & Safety Stand Down 05/03/12 05/04/12L - Housing Set-up 05/04/12 05/25/12Site work 03/12/12 08/27/12Clear & grub/haul off, 1300CY 05/24/12 05/31/12L - Haul In NSF 05/31/12 06/14/12Place NSF/Compact/grade 05/31/12 06/14/12Grade and set connexes (3) 06/14/12 06/16/12Barge Arrival/unload/transfer to site 06/16/12 06/23/12Piling Contract 03/12/12 04/21/12Piling Contractor for WTP 03/12/12 04/07/12Piling Contractor for WST 04/07/12 04/21/12Set up for Pipe Work 06/23/12 06/25/12Raw Water from 3A and 3B 06/26/12 07/21/12L - C-143 Station 49+50 to 40+00 06/26/12 06/30/12L - C-142 Station 49+00 to 29+00 06/30/12 07/10/12
HowHowScope – WBS Scope – WBS
Schedule – Critical PathSchedule – Critical Path
Scope Item Est Start Est Copm CostConstruction Activities 03/12/12 08/31/13 $2,664,292.90 OOK 07-002 - Water Treatment Plant 03/12/12 08/31/13 $2,664,292.90 Construction start Date 05/02/12 05/02/12 $0.00 Initial Material Flown/unload and transport 05/02/12 05/03/12 $15,000.00 Safety & Safety Stand Down 05/03/12 05/04/12 $3,000.00 L - Housing Set-up 05/04/12 05/25/12 $25,548.00 Site work 03/12/12 08/27/12 $824,916.90 Clear & grub/haul off, 1300CY 05/24/12 05/31/12 $11,889.50 L - Haul In NSF 05/31/12 06/14/12 $20,382.00 Place NSF/Compact/grade 05/31/12 06/14/12 $11,936.40 Grade and set connexes (3) 06/14/12 06/16/12 $2,984.10 Barge Arrival/unload/transfer to site 06/16/12 06/23/12 $9,122.80 Piling Contract 03/12/12 04/21/12 $581,900.00 Piling Contractor for WTP 03/12/12 04/07/12 $393,638.00 Piling Contractor for WST 04/07/12 04/21/12 $188,262.00 Set up for Pipe Work 06/23/12 06/25/12 $4,561.40 Raw Water from 3A and 3B 06/26/12 07/21/12 $50,175.40 L - C-143 Station 49+50 to 40+00 06/26/12 06/30/12 $11,403.50 L - C-142 Station 49+00 to 29+00 06/30/12 07/10/12 $18,245.60
HowHowScope – WBS Scope – WBS
Schedule – Critical PathSchedule – Critical Path
Budget – Itemized by WBSBudget – Itemized by WBS
Scope Item QTY Unit Est Start Est Copm Cost % DollarsConstruction Activities 03/12/12 08/31/13 $2,664,292.90 OOK 07-002 - Water Treatment Plant 03/12/12 08/31/13 $2,664,292.90 Construction start Date 05/02/12 05/02/12 $0.00 Initial Material Flown/unload and transport 1 LS 05/02/12 05/03/12 $15,000.00 75% $11,250.00 Safety & Safety Stand Down 1 LS 05/03/12 05/04/12 $3,000.00 0% $0.00 L - Housing Set-up 1 LS 05/04/12 05/25/12 $25,548.00 10% $2,554.80 Site work 03/12/12 08/27/12 $824,916.90 Clear & grub/haul off, 1300CY 1300 CY 05/24/12 05/31/12 $11,889.50 0% $0.00 L - Haul In NSF 6000 CY 05/31/12 06/14/12 $20,382.00 0% $0.00 Place NSF/Compact/grade 15 DAY 05/31/12 06/14/12 $11,936.40 0% $0.00 Grade and set connexes (3) 06/14/12 06/16/12 $2,984.10 0% $0.00 Barge Arrival/unload/transfer to site 06/16/12 06/23/12 $9,122.80 0% $0.00 Piling Contract 03/12/12 04/21/12 $581,900.00 Piling Contractor for WTP 03/12/12 04/07/12 $393,638.00 100% $393,638.00 Piling Contractor for WST 04/07/12 04/21/12 $188,262.00 100% $188,262.00 Set up for Pipe Work 06/23/12 06/25/12 $4,561.40 0% $0.00 Raw Water from 3A and 3B 06/26/12 07/21/12 $50,175.40 L - C-143 Station 49+50 to 40+00 06/26/12 06/30/12 $11,403.50 0% $0.00 L - C-142 Station 49+00 to 29+00 06/30/12 07/10/12 $18,245.60 0% $0.00
HowHowScope – WBS Scope – WBS
Schedule – Critical PathSchedule – Critical Path
Budget – Itemized by WBSBudget – Itemized by WBS
Earning Rules – Predefined MetricsEarning Rules – Predefined Metrics
HowHowScope – WBSScope – WBS
Schedule – Critical PathSchedule – Critical Path
Budget – Itemized by WBSBudget – Itemized by WBS
Earning Rules – Predefined MetricsEarning Rules – Predefined Metrics
Accrued Costs – Actual Cost to DateAccrued Costs – Actual Cost to Datess Version 8, 5/11 Estimated Cost Cost To Date
Cost Tracking Materials $2,501,487.50 Plan-Set Task TotalsUpdated as of: 6/2/2012 Equipment $1,167,040.00 Construction Budget $8,862,720
Plan set title and plan set # OOK-07-002 Freight $265,000.00 Costs to Date $1,372,700
Community Name Toksook Bay Labor $3,196,771.50 Remaining Balance To Date $7,490,020
Notice To Proceed Date 3/15/2012 Travel $118,590.00 Subcontract $1,613,831.00
PPE Material FreightLocal Labor
ANTHC Labor Equipment Travel Subcontract
Total Costs This Period
Total Cumulative
CostsPercent of
Budget Spent4/21/2012 100,886.00 40,907.93 0.00 81,789.63 0.00 0.00 583,532.46 807,116.02 807,116.02 9.11%5/5/2012 66,463.79 0.00 2,086.43 53,093.87 42,831.01 3,000.00 141.11 167,616.21 $974,732.23 11.00%5/19/2012 127,431.70 676.58 4,840.89 58,421.55 1,009.21 560.00 348.26 193,288.19 $1,168,020.42 13.18%6/2/2012 58,137.57 67,210.06 10,463.97 50,568.70 17,523.88 560.00 215.19 204,679.37 $1,372,699.79 15.49%6/16/2012 0.00 $1,372,699.79 15.49%6/30/2012 0.00 $1,372,699.79 15.49%
Biweekly ReportBiweekly Reportss Version 8, 5/11 Estimated Cost Cost To Date
Cost Materials $2,501,487.50 Plan-Set Equipment $1,167,040.00
Constructi $8,862,720
Freight $265,000.00Costs to Date $1,372,700
Labor $3,196,771.50Remaining Balance $7,490,020
Travel $118,590.00Subcontract $1,613,831.00
PPE Material FreightLocal Labor
ANTHC Labor Equipment Travel Subcontract
Total Costs This Period
Total Cumulative
CostsPercent of
Budget Spent Construction Budget4/21/2012 100,886.00 40,907.93 0.00 81,789.63 0.00 0.00 583,532.46 807,116.02 807,116.02 9.11%5/5/2012 66,463.79 0.00 2,086.43 53,093.87 42,831.01 3,000.00 141.11 167,616.21 $974,732.23 11.00%
5/19/2012 127,431.70 676.58 4,840.89 58,421.55 1,009.21 560.00 348.26 193,288.19 $1,168,020.42 13.18%6/2/2012 58,137.57 67,210.06 10,463.97 50,568.70 17,523.88 560.00 215.19 204,679.37 $1,372,699.79 15.49%
6/16/2012 0.00 $1,372,699.79 15.49%6/30/2012 0.00 $1,372,699.79 15.49%
Cost to Date 352,919.06 108,794.57 17,391.29 243,873.75 61,364.10 4,120.00 584,237.02 Cost to Date $1,372,699.79 15.49%
Quantity Unit Est. Start Est. Comp Bi-Weekly TotalRunning
Total Est. Task Cost Earned Valve %Earned Valve
Dollars
03/02/12 08/31/13 $8,862,423.3003/02/12 03/02/12 $0.0003/02/12 03/02/12 $0.0004/27/12 08/20/12 $404,000.0004/27/12 08/20/12 15.00% 45.00% $250,000.00 45% $112,500.00
04/27/12 06/13/12 $150,000.00 0% $0.00
04/27/12 04/27/12 100.00% $4,000.00 100% $4,000.00
04/27/12 04/27/12 $0.00 0% $0.00
05/02/12 08/30/13 $2,233,588.4005/02/12 08/30/13 10.00% 70.00% $71,291.00 70% $49,903.70
05/02/12 08/30/13 4.00% 9.00% $33,840.00 9% $3,045.60
03/12/12 08/31/13 $2,664,292.90
03/12/12 08/31/13 $2,664,292.9005/02/12 05/02/12 $0.00
05/02/12 05/03/12 5.00% 95.00% $15,000.00 95% $14,250.00
05/03/12 05/04/12 % $3,000.00 0% $0.00
6/2/2012
W-WP
W-WT
W-BD
Toksook Bay / 07-002 / WTP WST
3/15/2012
OOK-07-002Toksook Bay
Pre-ConstructionShipping
Pre-Construction CompletedGeneral Conditions
NTP or project start date
Notice To Proceed DateCommunity Name
Plan set title and plan set Updated as of:
OOK 07-002 - Water Treatment Plant
Electrical Panels (subcontract)Pre-Construction Meeting
CONSTRUCTION
Insurance & CPA set-upPer DiemConstruction Activities
OOK 07-002 - Water Treatment PlantConstruction start Date
Initial Material Flown/unload and transportSafety & Safety Stand Down
Actual Cost
Planned Value
Earned Value
EVM OutcomesEVM Outcomes
Three-Line DiagramThree-Line Diagram– Planned ValuePlanned Value– Earned ValueEarned Value– Actual CostActual Cost
VariancesVariances– CV and SVCV and SV
Performance IndicesPerformance Indices– CPI and SPICPI and SPI
Estimate at CompletionEstimate at CompletionMixing & placing concrete for a water storage tank in Pitka’s Point, Alaska
EVM OutcomesEVM Outcomes
Installing water distribution main and flush hydrants in Pitka’s Point, Alaska
Drilling helical piles for a boardwalk in Kwigillingok, Alaska
EVM OutcomesEVM Outcomes
Thermopile foundation for a clinic in Kaltag, Alaska
Excavating for a new lagoon in Kasigluk, Alaska
EVM – Three Line DiagramEVM – Three Line Diagram
PlanTrax® Version 3.3b
Cost and Schedule Variances
CPI = 0.91EAC = $9,724,000
EVM LimitationsEVM Limitations
Subjective Subjective measurementmeasurement
No consideration of No consideration of qualityquality
Requires accurate Requires accurate accountingaccounting
Looks forward based Looks forward based on past eventson past events
Insulated flush hydrants in Galena, Alaska
The Tinker family’s new bathroom Kasigluk, Alaska
EVM and RM IntegrationEVM and RM Integration
Identify potential Identify potential problems quantify their problems quantify their impactimpact
Monitor and manage Monitor and manage more effectivelymore effectively
Recoup value of Recoup value of mitigated risksmitigated risks
Crushing rock for pipe bedding in Pitka’s Point, Alaska
The new water treatment plant in Pitka’s Point, Alaska
Determining the Health of a Project Determining the Health of a Project through Earned Value Managementthrough Earned Value Management
What and WhyWhat and Why
WhenWhen
HowHow
OutcomesOutcomes
LimitationsLimitations
EVM and RM EVM and RM IntegrationIntegration
A boy with a newly installed arctic box and low pressure sewer in the background in Kasigluk, Alaska
Questions?Questions?