{"id":87384,"date":"2022-12-22T11:00:53","date_gmt":"2022-12-22T11:00:53","guid":{"rendered":"https:\/\/targusmc.com\/?page_id=87384"},"modified":"2023-02-24T08:34:26","modified_gmt":"2023-02-24T08:34:26","slug":"progress-measurement-and-earned-value","status":"publish","type":"page","link":"https:\/\/targusmc.com\/us\/concepts\/large-scale-project-management\/progress-measurement-and-earned-value\/","title":{"rendered":"Progress measurement and Earned Value"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"87384\" class=\"elementor elementor-87384 elementor-86543\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3a6e322 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3a6e322\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1bb5b17\" data-id=\"1bb5b17\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ff0e010 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"ff0e010\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"wpb_column vc_column_container vc_col-sm-6 mpc-column\" data-column-id=\"mpc_column-976329b8574c75b\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element wpb_animate_when_almost_visible wpb_bottom-to-top bottom-to-top vc_custom_1580807766383 wpb_start_animation animated\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_column vc_column_container vc_col-sm-6 mpc-column\" data-column-id=\"mpc_column-28632ca55829316\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element wpb_animate_when_almost_visible wpb_bottom-to-top bottom-to-top vc_custom_1518619714862 wpb_start_animation animated\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"container\">\n<div class=\"vc_row wpb_row vc_row-fluid vc_custom_1535111600617 mpc-row\">\n<div class=\"wpb_column vc_column_container vc_col-sm-12 mpc-column\" data-column-id=\"mpc_column-5063518ed6a7bc6\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<h2><b>\u201cCorrect\u201d measurement of project progress<\/b><\/h2>\n<p>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:  <\/p>\n<ul>\n<li>\n<p>All deliverables are defined<\/p>\n<\/li>\n<li>\n<p>Scheduling interdependencies are considered<\/p>\n<\/li>\n<li>\n<p>Work packages with measurable results and deadlines<\/p>\n<\/li>\n<li>\n<p>Capacity and resource planning based on work packages<\/p>\n<\/li>\n<\/ul>\n<p>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.<\/p>\n<h3><b>Measurable progress with budget consumption (<\/b><b>Earned-Value<\/b> <b>Analysis)<\/b><\/h3>\n<p>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.    <\/p>\n<p>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. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb4ef7b ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"eb4ef7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"371\" src=\"https:\/\/targusmc.com\/wp-content\/uploads\/2023\/02\/TAR_Grossprojektmanagement_Projekfortschritt-richtig-messen_EN-1024x475.jpg\" class=\"attachment-large size-large wp-image-87287\" alt=\"\" srcset=\"https:\/\/targusmc.com\/wp-content\/uploads\/2023\/02\/TAR_Grossprojektmanagement_Projekfortschritt-richtig-messen_EN-1024x475.jpg 1024w, https:\/\/targusmc.com\/wp-content\/uploads\/2023\/02\/TAR_Grossprojektmanagement_Projekfortschritt-richtig-messen_EN-300x139.jpg 300w, https:\/\/targusmc.com\/wp-content\/uploads\/2023\/02\/TAR_Grossprojektmanagement_Projekfortschritt-richtig-messen_EN-768x356.jpg 768w, https:\/\/targusmc.com\/wp-content\/uploads\/2023\/02\/TAR_Grossprojektmanagement_Projekfortschritt-richtig-messen_EN-1536x712.jpg 1536w, https:\/\/targusmc.com\/wp-content\/uploads\/2023\/02\/TAR_Grossprojektmanagement_Projekfortschritt-richtig-messen_EN-2048x950.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a79d304 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"a79d304\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"wpb_column vc_column_container vc_col-sm-6 mpc-column\" data-column-id=\"mpc_column-976329b8574c75b\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element wpb_animate_when_almost_visible wpb_bottom-to-top bottom-to-top vc_custom_1580807766383 wpb_start_animation animated\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_column vc_column_container vc_col-sm-6 mpc-column\" data-column-id=\"mpc_column-28632ca55829316\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element wpb_animate_when_almost_visible wpb_bottom-to-top bottom-to-top vc_custom_1518619714862 wpb_start_animation animated\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"container\">\n<div class=\"vc_row wpb_row vc_row-fluid vc_custom_1535111600617 mpc-row\">\n<div class=\"wpb_column vc_column_container vc_col-sm-12 mpc-column\" data-column-id=\"mpc_column-5063518ed6a7bc6\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<h3><strong>Project results<\/strong><\/h3>\n<ul>\n<li>\n<p>Resilient and realistic planning<\/p>\n<\/li>\n<li>\n<p>Coordinated interfaces and deliverables<\/p>\n<\/li>\n<li>\n<p>Integrated cost and progress controlling<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>\u201cCorrect\u201d measurement of project progress 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 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":87326,"parent":87325,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"page-category":[33],"class_list":["post-87384","page","type-page","status-publish","has-post-thumbnail","hentry","page-category-konzept"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Progress measurement and Earned Value - Targus Management Consulting AG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/targusmc.com\/us\/concepts\/large-scale-project-management\/progress-measurement-and-earned-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Progress measurement and Earned Value - Targus Management Consulting AG\" \/>\n<meta property=\"og:description\" content=\"\u201cCorrect\u201d measurement of project progress Typically, all relevant planning elements are available. 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