Earned Value Analysis in Primavera P6 | Earned Value Management EVM in Project Management | Software
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Earned Value Analysis in Primavera P6 | Earned Value Management EVM in Project Management | Software |
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This Video Uploaded At 02-10-2023 15:00:00 |
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Earned Value Analysis in Primavera P6 | Earned Value Management EVM in Project Management | Software
Timestamps
0:00 - Introduction to Softedemy and Project Control
0:50 - Basics of Earned Value Management Systems in Primavera P6
1:30 - Primavera P6 Limitations and Terms Explanation
2:15 - Basics: Planned Value, Earned Value, Actual Cost
3:00 - General terms used in Primavera P6: PV, EV, AC
3:45 - Explanation of Planed Value and Data Date in Prim P6
4:30 - Introduction to Earned Value and Actual Cost in P6
5:20 - Role of Budget Total Cost in P6
6:00 - Differences in Performance Percent Complete and Schedule Percent Complete
6:50 - Importance of Costs in Primavera P6
7:40 - Explaining Work Differentiations: Waterproofing vs. Steelwork
8:30 - Need for Earned Value Management System in Project Management
9:15 - Key Performance Indicators and Estimate at Completion
10:00 - Techniques for Computing Estimate to Complete in P6
10:05 - Introduction to Earned Value Methods
10:37 - Explaining Estimate to Complete (ETC)
10:58 - Discussing Estimate at Completion (EAC)
11:18 - Overview of General Terms: Etc, EAC, BAC, AC, EC, PV
11:35 - Introduction to Variances in Primavera P6
12:03 - Adjusting Columns for Variance Analysis
12:52 - Understanding Accounting Variance (PV-AC)
13:06 - Interpreting Cost Variance (EV-AC)
13:42 - Defining Schedule Variance (EV-PV)
14:20 - Introduction to Variance at Completion
14:57 - Explanation of Indicators & Variance Indications
15:32 - Discussing Indexes in Project Management
16:01 - Understanding Cost Performance Index (CPI)
16:37 - Explanation of Cost Variance Index (CVI)
17:54 - Dive into Schedule Performance Index (SPI)
18:48 - Defining Schedule Variance Index (SVI)
19:45 - Unveiling the To-Complete Performance Index (TCPI)
20:38 - Summary of Earned Value Analysis Indicators
20:57 - Transition to Excel Demonstration for Earned Value Analysis
21:16 - Assigning Schedule Baseline
21:46 - Monitoring Project Schedule and Performance Percent
22:05 - Adding Important Columns for Monitoring
22:38 - Copying and Adjusting Spreadsheet Columns
23:10 - Cleaning and Organizing Spreadsheet
23:37 - Adding Dates and Adjusting Intervals in Spreadsheet
24:10 - Incorporating Budgeted at Completion and Planed Value Cost
24:46 - Adding and Adjusting Earned Value Cost and Actual Cost
25:29 - Understanding Cumulative Plan Value Cost
26:01 - Introduction to Estimate at Completion (EAC) and Formulas
26:52 - Explanation of EAC and Performance Factor
27:34 - Application of Different Formulas in EAC
28:04 - Explanation of Plan Percent and Performance Percent
28:32 - Summary of Data Table and Discussed Formulas
29:08 - Understanding Planned Value Cumulative in Project
29:54 - Overview of Earned Value (EV) and Actual Cost (AC) in Project
30:08 - Presentation of Schedule Variance in Project
30:20 - Introduction to SV (Schedule Variance)
30:56 - Understanding CV (Cost Variance)
31:37 - CV% Calculation and Significance
32:04 - Dive into SV% (Schedule Variance Percentage)
32:43 - Other Essential Metrics in Earned Value Analysis
33:09 - Introduction to EAC (Estimate at Completion)
34:01 - Importance of Earned Value in Project Tracking
34:38 - BAC (Budget at Completion) Explanation
35:09 - Understanding Estimate to Complete (ETC)
35:49 - How to Project Completion Dates Using EV Metrics
36:14 - Cost and Schedule Performance Index Explanation
37:02 - The Role of Weekly Metrics in EV Analysis
37:54 - Introducing the Earned Value Matrices
38:45 - Benefits of Tracking Plan vs. Earned Value
39:29 - Utilizing Charts and Tables for EV Analysis
39:58 - Introduction to Earned Schedule Analysis
40:28 - Real-world Implications of EV Metrics
41:16 - Forecasting Project Performance Using EV
41:55 - The Role of Resources in EV Analysis
42:15 - Conclusion and Next Steps in Earned Value Analysis
Relevant Videos Links
Technique for computing Estimate to Complete ETC settings in Primavera P6 | Earned Value
https://youtu.be/dWGHDCLcLFo
Schedule Percent Complete Calculation in Excel | Planned Percentage | WBS Formula in Primavera P6
https://youtu.be/0K6K5YQqyFA
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Earned Value Analysis | Primavera P6 | Project Control | Earned Value Management Systems | Planned Value | Actual Cost | PV | EV | AC | Budget Total Cost | Performance Percent Complete | Schedule Percent Complete | Key Performance Indicators | Estimate at Completion | Estimate to Complete | ETC | EAC | BAC | Variance Analysis | Cost Variance | Schedule Variance | Earned Value Analysis in Primavera P6 | CPI | SPI | CV | SV | SVI | TCPI | AV | Earned Value Management EVM in Project Management | Software | EVM | KPI |
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