Home » Concepts » Large-scale Project Management » Progress measurement and Earned Value
Typically, all relevant planning elements are available. However, in many cases these are not sufficiently detailed and connected to another. For a resilient overall planning various prerequisites must be fulfilled:
All deliverables are defined
Scheduling interdependencies are considered
Work packages with measurable results and deadlines
Capacity and resource planning based on work packages
Integrated planning is usually a major challenge because responsibilities at the interfaces for tasks and costs are often unclear and effort is only estimated based on experience.
Ideally, progress is determined based on defined work packages. These contain a clear description of the deliverables and their planned dates, as well as the corresponding planned efforts and costs. On this basis, the degree of completion per work package and thus the overall progress of the project can be clearly determined. Although many projects could adopt Earned-Value Analysis, it is not often used. This leads to unreliable scheduling and cost forecasts, which only becomes transparent at high-level project milestones.
TARGUS has developed a systematic approach which ensures that all deliverables are recorded and clearly assigned to scheduled work packages. The result is an overall plan coordinated between the project and the line organization, which serves as the basis for integrated progress and cost controlling.
Resilient and realistic planning
Coordinated interfaces and deliverables
Integrated cost and progress controlling
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