| December
2007 |
| |
“Earned Schedule –
An Emerging Enhancement to EVM,” the paper published
in the November 2006 issue of CrossTalk,
has been posted on the PMI College of Scheduling website
(http://www.pmicos.org/)
as the December topic of the month. |
| |
Lew Hecht has been added as an ES Contact.
Lew is an electronics engineer with extensive experience
in many areas. He is retired from the US Defense
Contracts Management Agency. |
| |
Information regarding the Project Management
Institute Eric Jenett Award for Project Management Excellence
has been added to the site as a new link. The
prestigious award was presented to Walt Lipke at the
International Integrated Program Management Conference
held 5-7 November, 2007. Biographical information is
available concerning Eric Jenett, one of the founders
of PMI. Information about the award – description,
criteria, nomination and selection – is available
along with the nomination letters from Garry Booker
and Kym Henderson. |
| |
The activity level of the website reached
a new peak in November at 17,515 requests and remained
very high in December with 13,497 requests. |
| November
2007 |
|
At the International Integrated Program
Management Conference held at the Hilton Mark Center
in Alexandria, VA., on 5-7 November
| |
- Walt Lipke presented
“Statistical Methods Applied to Project
Management”
- Kym Henderson presented
“Earned Schedule in Action”
- Lew Hecht presented
“A Case Study of Earned Schedule to
do Predictions”
|
|
| |
During the plenary session on 7 Nov,
PMI’s Chief Operating Officer, Mark Langley, presented
Walt Lipke with the Eric Jenett Project Management Excellence
Award. The award recognizes an individual who
makes outstanding contributions to the project management
profession through an act that demonstrates leadership
and initiative while advancing project management concepts,
techniques, practices or theories. Only four others
have received this highly prestigious award. |
| |
On the evening of 6 Nov, TCR hosted
a reception for Mr. Lipke in the Capitol View Room of
the Hilton Mark Center in Alexandria, Virginia to honor
his accomplishment and receipt of the Eric Jenett award.
TCR has launched the marketing of a new real-time
project management tool, NOVUS, which incorporates the
Earned Schedule measure and capabilities. The
TCR hosts were Sue Gibson (president), Aaron Fulner,
Karen Dougherty, and Herman DeJong. Among those in attendance
were Walt’s daughters Tara Crowley and Jennifer
McCarty. Outstanding members of the project management
and EVM community came and enjoyed the celebration:
Dave Muzio, Jim Wrisley, Harry Sparrow, John Singley,
Barry Schuler, Dr. Frank Anbari, Ray Stratton, Lew Hecht,
Doug Fisher and Valerie Carter. Likewise several
international leaders of project management and EVM
application were present: Kym Henderson (Australia),
Lauren Bone (Australia), Sven Antvik (Sweden), Steve
Wake (United Kingdom), and Josef Zucha (Slovakia). |
| |
Christopher Stimpson, a consultant with
Catalyst, Inc., has completed an extensive paper, “A
Review of the Validity of Current Project Management
Reports and the Identification of Areas Needing Improvement.”
This impressive work along with its synopsis is
available on the Papers page. |
| |
A calculator has been added to the es
calculator page, “Statistical Planning Calculator
(Probability & Reserves).” The calculator
utilizes estimates or historical variation from past
projects to assist planning teams for strategizing the
amounts of cost and schedule reserve needed to achieve
a desired probability of success. |
| |
A link, Copyrights
& Trademarks, has been added to clarify
the usage and intention of copyrights and trademarks
associated with the Earned Schedule website. |
| |
The activity level of the website reached
a new peak in October. The number of requests
during the month was 15,715. |
| September
- October 2007 |
| |
Walt Lipke presented “Earned Schedule
…an emerging enhancement to EVM,” on October
3 at the 2nd Knowledge and Project Management Conference
held in Tulsa, Oklahoma. |
| |
Robert Van De Velde, published an interesting
article in the October issue of PMI
World Today e Journal, “Time is Up: Assessing
Schedule Performance with Earned Value.” The link
to the article is http://www.pmforum.org/library/papers/2007/PDFs/Van_De_Velde-10-07.pdf. |
| |
Robert Van De Velde, the author referenced
in the preceding news item, has a commercial Web Site
(www.projectflightdeck.com)
that features plug-ins for Microsoft Project. He
has developed a plug-in for Earned Schedule, which is
freely available (http://www.projectflightdeck.com/getDoc.do?sid=55).
Mr. Van De Velde can be reached via e-mail at info@projectflightdeck.com. |
| |
The Dr. Vanhoucke and Vandevoorde paper,
“A Simulation and Evaluation of Earned Value Metrics
to Forecast Project Duration," is now been published
in print format. The revised reference is the
Journal of the Operations
Research Society, Volume 58: 1361 - 1374, Issue
10 (October 2007); advance online publication, September
13, 2006 |
| |
The Indian journal, Projects
and Profits, published in the October issue Walt
Lipke’s article, “Applying Earned Value
and Earned Schedule to Project Management.” |
| July-August
2007 |
| |
On July 13, at the monthly meeting of
the Oklahoma City Chapter of PMI, Kym Henderson presented
“Earned Schedule in Action.” The presentation
is based upon Mr. Henderson’s article, same title,
published in the June 2005 issue of The
Measurable News. This presentation, which
discusses Critical Path and Earned Schedule methods,
has been accepted by the International Project Management
Conference (IPMC) scheduled for 5-7 November in Alexandria,
VA. |
| |
Together, Walt Lipke and Kym Henderson
taught an all day course on Earned Schedule in Sydney,
Australia on August 20. The class was attended
by 21 students, which included Ian Wolfe the Vice President
of the Sydney Chapter of PMI. |
| |
Walt presented “Using Earned Schedule
to Improve Project Control and Reduce Risk” on
August 23 at the Australian Defence and Industry Conference
held in Adelaide. Later that evening Walt presented
the same topic to the Adelaide Chapter of PMI. |
| |
The 2nd version of the Statistical
Prediction Calculator is now available. The
version has a few improvements, to include a Word document
of instruction. Walt will present “Statistical
Methods Applied to Project Management” at the
upcoming IPMC conference. The presentation discusses
the application of the method to real project data.
|
| |
At this time Kym Henderson is researching
the stability characteristic of the SPI(t) indicator.
The calculator used in Kym’s efforts may
also be used to study the stability of CPI. The
Stability Point Calculator
has been added to the calculator page and is available
for download. |
| |
The PMI Metrics Specific Interest Group
experienced a considerable amount of website downtime
after the Earned Schedule webinar of 19 April. The
webinar is now available for viewing at a minimal cost
of $5.00 at the following URL: http://www.metsig.org/products1.aspx?category=73&product=361.
Subsequent to the webinar several questions were
forwarded to and answered by Walt. The Q&A
is available using the following link: 19
April 2007 ES Webinar. |
| |
The activity on the Earned Schedule
website has continued to have high activity. The
number of requests during July and August were 12,318
and 12,836, respectively. |
| June
2007 |
| |
The Earned Value Management conference,
EVA-12, was held 11-14 June in London. Kym Henderson
(Australia) and Walt Lipke provided a one day Earned
Schedule master class on 11 June. |
| |
Together, Walt and Kym made a joint
presentation, “Earned Schedule – something
new for EVM and schedule analysis,” to the PMI
organization in Brussels, Belgium on June 12. The
meeting, sponsored by Microsoft, drew 150 attendees.
Dr. Mario Vanhoucke from the University of Ghent,
Belgium presented the findings of his joint research
with Stephan Vandevoorde concerning Earned Value and
Earned Schedule (EV / ES). After the presentation,
Dr. Vanhoucke was presented a check for 5000 Euro
Dollars by the PMI-Belgium President, Chris Kindermans,
to continue the EV / ES research. The symbolic
check is shown in the photo below.
L to R: Dr. Navarro, Kym, Vandevoorde,
Dr. Vanhoucke, Walt, Chris Kindermans (PMI-Belgium
President)
|
| |
During the time in Brussels, Walt &
Kym along with Dr. Vanhoucke and Stephan Vandevoorde
had the opportunity to meet with Dr. Diego Navarro (Spain).
Recall that Dr. Navarro has created a macro for
ES which works with Microsoft Project. |
| |
The activity on the Earned Schedule
website has had another high activity month. The
number of requests during June was 13,506. |
| May
2007 |
| |
Radenko Corovic presented “Planning,
Optimizing and EVM – Integrated Approach”
at the recent PMI-CPM spring conference held in Clearwater,
Florida. In presenting his topic, Mr. Corovic
includes a discussion of ES and rationale for its preferential
use. |
| |
The Earned Value Management conference,
EVA-12, is scheduled for 11-14 June in London.
Kym Henderson and Walt Lipke will provide a one day
Earned Schedule master class on the first day. |
| |
Together, Walt and Kym will make a joint
presentation, “Earned Schedule – something
new for EVM and schedule analysis,” to the PMI
organization in Brussels, Belgium on June 12. During
the time in Belgium discussions will be held with Dr.
Mario Vanhoucke of the University of Ghent. Dr.
Vanhoucke is conducting research concerning the ES concept
of schedule adherence and its influence on project forecasts
for cost and schedule. Also during the time in
Brussels, Walt & Kym will have opportunity to meet
with Diego Navarro. Last month it was reported
that Mr. Navarro has created a macro for ES which works
with Microsoft Project. |
| |
The team of TCR Products and Altosoft
is launching a new project management product which
includes EVM along with Earned Schedule. The product
is named NOVUS. TCR and Altosoft have considerable experience
with developing software solutions allowing analysis
tools to work with enterprise management systems, such
as SAP. The product will be presented at a series
of events in Louisiana and Texas, scheduled for June
26-28. More information and reservations may be
obtained by email: seminar@TCRproducts.com
or phone: 1.610.325.5555 x204. |
| |
Kym Henderson has generalized a statistically
based calculator, originally created by Walt Lipke.
The output of the calculator is upper and lower “bounds”
for both final cost and duration along with their respective
“most likely” results. The Statistical Prediction
Calculator is now included on the Calculator page. It
is a beta version and thus it should be used with the
understanding that its results have not been fully tested.
Two examples are included in the .zip file to
help understand its output and to facilitate application.
|
| |
The activity on the Earned Schedule
website has had another significant increase. The
number of requests during May was 14,889. |
| April
2007 |
| |
Kym Henderson presented “Recent
Advances in Project Prediction Techniques,” at
the International Quality and Productivity Center IT
Project Management Conference held in Sydney, Australia.
The presentation discusses Earned Schedule and
the application of statistical methods to prediction
of project outcomes for both cost and schedule. |
| |
Diego Navarro, a project management
leader in Spain, has advanced the application of Earned
Schedule with the creation of a software macro implementing
the concept for use with Microsoft Project (MSP).
Interested MSP users can read a description of the macro
at Diego’s blog, http://direccion-proyectos.blogspot.com/2007/04/performing-earned-schedule-analysis.html.
Kym Henderson uses MSP extensively and has worked
with Diego to check the application in English form.
The macro requires use before it can be considered reliable.
If you would like to use the macro and provide feedback
to Diego, please contact him at his email, dnavarro@armell.com.
|
| |
The Earned Value Management conference,
EVA-12, is scheduled for 11-14 June in London.
Kym Henderson and Walt Lipke will provide a one day
Earned Schedule master class on the first day. Together,
they will make a joint presentation, “Earned Schedule
– something new for EVM and schedule analysis,”
to the PMI organization in Brussels, Belgium on June
12. |
| |
Walt Lipke presented “Earned Schedule
…an emerging enhancement to Earned Value Management”
as one of the 2007 MetSIG Congress series of webinars.
The PMI-MetSIG has archived the presentation and
will make it available from their website, http://www.met-sig.org/index.aspx
beginning in May. |
| |
An Earned Value Management (EVM) training
course has been prepared for the Project Management
Training Institute by Walt Lipke, which will be offered
on-line (http://www.4pmti.com/)
in the near future. The course includes training
on Earned Schedule (ES) and provides students the capability
to use the information coming from EVM and ES to manage
projects and improve their planning, production and
quality processes. |
| |
The activity on the Earned Schedule website
continues at a high level. The number of requests
during April was 12,672. |
| March
2007 |
|
Learning Network Solutions held a conference
in Sydney, Australia at which several presentations
were made concerning Earned Schedule. Walt Lipke
presented the keynote, “Achieving Risk Leadership
with Improved Schedule Analysis and Prediction Techniques.”
Kym Henderson presented his paper, “Earned Schedule
in Action.” Together, Kym and Walt, gave
a one-half day ES master class to twenty students.
The conference organizers indicated there were requests
for a one day ES class which will be organized for Sydney
later in the year |
| |
The Steve Wake Earned Value Management
conference, EVA-12, has been announced and is scheduled
for 11-14 June in London. Kym and Walt will provide
a one day Earned Schedule master class on the first
day. |
|
The activity on the Earned Schedule
website continues to increase. The number of
requests during March was 13,056, a new record for
website activity by nearly 2000. The phenomenal
growth in Earned Schedule interest is depicted in
the graph below.
|
|
Last month it was reported that Mr.
Buck Stewart, past President of the Oklahoma City Chapter
of PMI, nominated Walt Lipke for the PMI Metrics Specific
Interest Group award, MetSIG Scholar for his creation
of Earned Schedule. Mr. Lipke was selected for
the award and will present “Earned Schedule …an
emerging enhancement to Earned Value Management”
as one of the 2007 MetSIG Congress series of webinars
on April 19 at 1:00 pm EST. To register for the
webinar access www.metsig.org,
then on the left side of the page under "Knowledge
that Measures," click MetSIG Congress 2007 Ticket
Sales. On the ticket sales page scroll to the
bottom and click on page 3 below the listing of the
webinars. The first webinar on page 3 is Mr. Lipke’s.
From this point simply click on the title and
follow the directions to complete the registration.
The cost of the webinar is $5.00 (USA). |
| February
2007 |
|
Kym Henderson, the Education Director
of the Sydney, Australia Chapter of PMI, presented his
paper at the PMI Global Congress Asia Pacific 2007 held
in Hong Kong 29-31 January. Mr. Henderson’s
presentation, “Earned Schedule: A Breakthrough
Extension to Earned Value Management,” was well
attended and well received. |
| |
It has been reported that Earned Schedule
has been included in project management courses at George
Washington University and in systems engineering courses
at the University of Florida. |
|
Three papers were published in January
and February and have been added to the Papers page:
| |
- “Earned Schedule: A
Breakthrough Extension to Earned Value Management,”
Proceedings
of PMI Global Congress Asia Pacific 2007,
January 2007 [Kym Henderson]
- “Earned Schedule: An
Emerging Enhancement to Earned Value Management,”
Projects
& Profits, February 2007 [Walt
Lipke & Kym Henderson] {Reprint of November
2006 CrossTalk
article}
- “Why EVM Is Not Good
for Schedule Performance Analyses (and how
it could be…),” The
Measurable News, Winter 2006-2007 [Radenko
Corovic]
|
|
|
It is noted that Earned Schedule (ES)
has further spread internationally. The author
cited above, Radenko Corovic is Canadian. Another
new ES user is Stephane Quenson, a French citizen working
for an American company in Belgrade, Serbia. |
|
The Earned Schedule website has now
been active for one year as of the beginning of February.
Its activity remained high during January and February.
The number of requests during January was 11,117, a
new record for website activity. |
|
Mr. Buck Stewart, past President of
the Oklahoma City Chapter of PMI, nominated Walt Lipke
for the PMI Metrics Specific Interest Group award, MetSIG
Scholar. Mr. Lipke was nominated due to his creation
of Earned Schedule. As a consequence of the nomination,
Mr. Lipke will present ES as one of the MetSIG series
of webinars on April 19 at 1:00 pm EST. |
