Professional Documents
Culture Documents
Alex Davis
Project Controls Manager
Future Rapid Effects System (FRES)
Integrated Project Team (IPT)
$ Time Now
The idea is to determine the
time at which the EV accrued
should have occurred.
A SV c
? PV
? EV B
ES SV t AT
1 2 3 4 5 6 7 8 9 10
For the above example, ES = 5 months … that is the time associated with the
PMB at which PV equals the EV accrued at month 7.
Introduction
20 2
0 0
-20 -2
-40 -4
D o lla rs (,0 0 0 )
W eeks
-60 -6
-80 -8
-100 -10
-120 -12
-140 -14
-160 -16
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34
Elapsed Weeks
• ES (cumulative) is the:
Number of complete PV time increments EV equals or exceeds
PV + the fraction of the incomplete PV increment
• ES = C + I where:
C = number of time increments for EV ≥ PV (BCWP ≥ BCWS)
. Actual
Time
= EVcum
PVcum
£ SV c
a lue
dV
nne
lue
a SVt
Pl a
e dV Earned
E a rn Schedule
1 2 3 4 5 6 7 8 9 10
Time Periods
Time based schedule performance efficiency: SPI(t) = ES / AT
PV C+1
PV C
MONEY (£)
e
Va lu
e d
l a nn PV C+1 – PV C
P
EV – PV C
a lue
dV
a rne
E
5 6
Time Periods
I - expressed as a fraction of time
? Critical milestones
Collect Performance
Data (EV & AC)
Calculating Earned Schedule (1)
1st value EV < PV
0 0.0000
-50
-0.5000
-100
-1.0000
-150
SV (t) months
-1.5000
-200
Money (£)
SV(£) cum
Note how the “Classical” SV target SV
-250
tends to zero! SV(t) cum
-2.0000
-300
-2.5000
-350
-3.0000
-400
Earned Schedule variance
tells a different story!
-450 -3.5000
Time
Variances – which would you believe?
Cost & Schedule Variances
0 18.0000
16.0000
-50
14.0000
-100
12.0000
-150
10.0000
SV(£) cum
SV (t) months
-200
Money (£)
2.0000
-350
0.0000
-400
-2.0000
-450 -4.0000
Time
Management Portfolio Report
To Complete Performance Index (time)
The change in the level of efficiency
needed to meet the milestone completion
date as contracted
Equivalent to an error
tolerance
Use of ES in Operations (1)
Independent Estimate of
Completion Date – Earned
Schedule
Independent Estimate of
Completion Date –
contractor’s estimate
Integration of ES, risk and deadlines
Trend analysis: is the
delivery affected by:
Schedule?
Risks?
Both? Risk Management
Confidence Dates
Potential rework?
1 2 7
3 4
Introduces the use of
the “p-factor” 5
8
6
BAC
PV
£
ES helps identify EV
SCHEDULE
ADHERENCE issues SV(t)
ES AT PD
Time
Figure 3. Earned Schedule - Bridges EVM to Schedule (Actual)
1.0
0.9
P increases to 1.0
• PMI-Sydney http://sydney.pmichapters-
australia.org.au/
– Repository for ES Papers and Presentations
• Earned Schedule Website
• http://www.earnedschedule.com/
– Established February 2006
– Contains News, Papers, Presentations, ES
Terminology, ES Calculators
– Identifies Contacts & Training to assist with
application
• Wikipedia references Earned Schedule
• http://en.wikipedia.org/wiki/Earned_Schedule
Earned Schedule References