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“Schedule is Different” The Measurable News March, 2003 Walt Lipke Europe EVM 2013 Copyright © Lipke 2013 1 Europe EVM 2013

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Page 1: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

“Schedule is Different”The Measurable NewsMarch, 2003

Walt Lipke

Europe EVM 2013

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Page 2: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

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Page 3: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

Earned Schedule is an extension to Earned ValueManagement. The method provides considerablecapability to project managers for analysis of scheduleperformance. From the time of the public’s first view ofEarned Schedule, its propagation and uptake around theworld has been extraordinary. This presentation will coverthe capabilities and challenges, progressing through thesignificant extensions, to its present status.

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Page 4: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

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Page 5: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

“In physical science the first essential step in the directionof learning any subject is to find principles of numericalreckoning and practicable methods for measuring somequality connected with it. I often say that when you canmeasure what you are speaking about, and express it innumbers, you know something about it; but when youcannot measure it, when you cannot express it in numbers,your knowledge is of a meager and unsatisfactory kind; itmay be the beginning of knowledge, but you have scarcelyin your thoughts advanced to the state of Science,whatever the matter may be.”

- Lord Kelvin

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Page 6: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Capabilities

• Challenges

• Affirmation

• Resources

• Wrap-Up

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Page 7: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Reliable indicators – SV(t) & SPI(t)• True performance at completion

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EVM schedule indicators fail for late performing projects

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Page 8: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Forecasting• Duration & completion date

• Always converges to actual result

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Page 9: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Prediction• To Complete Schedule Performance Index (TSPI)

• Answers question – “Is completion at (time) achievable?”

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Page 10: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Critical Path• Comparison of project and CP performance

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Page 11: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Detail Analysis – Schedule Adherence• Identifies out of sequence performance

• Isolates tasks - constraints/impediments & rework

• Facilitates calculations - EVR & rework forecast, EVeff

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Page 12: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Detail Analysis – Schedule Adherence• Cost of poor adherence - Rework Forecast

• Managing schedule execution - Schedule Adherence Index

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Page 13: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Discontinuous performance – stop work & downtime• Accommodates and improves forecasting

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Page 14: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Schedule Topology• Longest path concept improves forecasts for parallel networks

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Page 15: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Too much, too soon• Discard EVM schedule indicators

• Emerging practice

• Ridicule• Who are these neophytes?

• Mathematics• Misunderstanding of calculation

• Skepticism & Rigidity• Resistance to change

• Acceptance from EVM community

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Page 16: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Acceptance from EVM community

“A new scientific truth does not triumph by convincing itsopponents and making them see the light, but ratherbecause its opponents eventually die, and a newgeneration grows up that is familiar with it.”

- Max Planck

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There is no coordinated effort by ES advocates to speed up this process

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Page 17: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Acceptance from EVM community

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“Great spirits have alwaysencountered violent oppositionfrom mediocre minds.”

- Albert Einstein

Page 18: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Simple theory

• Initial prototype

• Independent confirmation

• Trials

• Testing

• Usage

• EVM Tools

• Educators/Researchers

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Page 19: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Simple theory

• Initial prototype

• Independent confirmation

• Trials

• Testing

• Usage

• EVM Tools

• Educators/Researchers

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“The retrospective analysis of ES using my own EVMprojects’ data, … has confirmed with remarkable precisionthe accuracy of the ES concept and ES metrics …whencompared to their historic EVM counterparts.”

- Henderson (2003)

Page 20: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Simple theory

• Initial prototype

• Independent confirmation

• Trials

• Testing

• Usage

• EVM Tools

• Educators/Researchers

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“The results reveal that the earned schedule methodoutperforms, on the average, all other forecasting methods.”

- Vanhoucke & Vandevoorde (2007)

“This research finds Earned Schedule to be a more timelyand accurate predictor than Earned Value Management.”

- Capt. Kevin Crumrine (2013)

Page 21: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

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Page 22: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

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• Earned Schedule Websitehttp://www.earnedschedule.com/

• Papers, Presentations, Calculators, Terminology

• PMI Practice Standard for Earned Value Management,2nd Edition

• Earned Schedule book (English, Japanese, Portuguese)• Print

• ePub (Nook & iPad)

• Kindle

• PDF

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Page 23: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

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• Read two articles …to begin• “Schedule is Different”

• “Further Developments in Earned Schedule”

• Scan the Calculators …experiment with them• ES Calculator (v1b & vs1b)

• P-Factor Calculator

• Statistical Forecasting Calculator

• SA Index & Rework Calculator

• Prediction Analysis Calculator

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Page 24: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

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13Name Country Email

Walt Lipke USA [email protected]

Kym Henderson Australia [email protected]

Mario Vanhoucke Belgium [email protected]

Stephen Vandevoorde [email protected]

Alex Davis UK [email protected]

Robert Van De Velde Canada [email protected]

Page 25: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• ES facilitates considerable capability

• Analysis from EVM measures not believed possible

• Acceptance – should help popularize EVM

• Integrated analysis …finally

• ES has had impact on EVM

• And my life as well as others

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If you haven’t done so already – Give ES a try!

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Page 26: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Kym Henderson

• Eleanor Haupt /John Singley

• Ray Stratton

• Steve Wake

• Alex Davis / Mick Higgins

• Mario Vanhoucke

• Stephan Vandevoorde

• Robert Van De Velde

• Major John Garrett

• Norm Brown

• The Measurable News

• CrossTalk

• PM World Today /PM World Journal

• IJPM

• CPM/EVM Europe

• PMI (Greg Smith)

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Page 27: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

• Kym Henderson

• Eleanor Haupt /John Singley

• Ray Stratton

• Steve Wake

• Alex Davis / Mick Higgins

• Mario Vanhoucke

• Stephan Vandevoorde

• Robert Van De Velde

• Major John Garrett

• Norm Brown

• The Measurable News

• CrossTalk

• PM World Today /PM World Journal

• IJPM

• CPM

• PMI (Greg Smith)

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Page 28: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

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Iconic rock song, Stairway to Heaven, was initially not well received:“Many critics trashed this song - Lester Bangs described it as ‘a thicketof misbegotten mush,’ and the British music magazine Sounds said itinduced ‘first boredom and then catatonia.’” - www.songfacts.com

It is well known, Stairway to Heaven, is the most requested song onFM radio. …Initial reaction, although important, oftentimes does notdetermine the lasting impression and value.

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Page 29: Euro EVM 2013v1a - earnedschedule.com EVM 2013v1a.pdf · Earned Schedule is an extension to Earned Value Management. The method provides considerable capability to project managers

29Copyright © Lipke 2013Europe EVM 2013