Level: Intermediate
TCM Section(s)
10.2. Forecasting
Venue: 2024 AACE International Conference & Expo
Abstract: Past performance is a predictor of future performance. This paper provides a unique independent estimate-at-completion (iEAC) technique that factors past performance, control account manager (CAM) & project manager (PM) EACs, risks, and hotel load. This integrated schedule and cost technique using earned value management (EVM) has proven successful in identifying projects that may breach the approved baseline. This early indicator enables projects to strategically identify and address root causes as well as implement recovery plans. Further, it allows projects to enforce favorable performance.
TCM Section(s)
10.2. Forecasting
Venue: 2024 AACE International Conference & Expo
Abstract: Past performance is a predictor of future performance. This paper provides a unique independent estimate-at-completion (iEAC) technique that factors past performance, control account manager (CAM) & project manager (PM) EACs, risks, and hotel load. This integrated schedule and cost technique using earned value management (EVM) has proven successful in identifying projects that may breach the approved baseline. This early indicator enables projects to strategically identify and address root causes as well as implement recovery plans. Further, it allows projects to enforce favorable performance.