Archive for May 2014

Earned Value Management—An “Overhead” View (PART 2: EVM Drawbacks and Benefits)

Earned value management (EVM) is an efficient methodology for monitoring and predicting project performance only if it is correctly and timely applied. Otherwise, it can become a negative risk for the project, as it ends up consuming managers’ and project teams’ time without producing accurate estimates. EVM Drawbacks or Limitations Putting an EVM system in [...]

RationalPlan 4.8 – Hungarian Language Support, Ubuntu Adoption and Earned Value Analysis

Stand By Soft is pleased to announce the release of version 4.8 for RationalPlan project management suite. Current version comes with significant changes that will certainly help users: Hungarian language was added, Ubuntu integration, support for Earned Value Analysis, tasks distribution in Timesheet view, improved filtering and many other features. RationalPlan is a project management [...]

Earned Value Management—An “Overhead” View (PART 1: EVM Basics)

Despite being one of those topics that put project management students into the doldrums, earned value management remains the most effective way for monitoring project performance. It is a project management methodology used by the U.S. Department of Defense and by many private companies all over the world. Besides a PMBOK chapter and the U.S. [...]