Earned Value Management Using Microsoft Office Project: A Guide for Managing Any Size Project Effectively by Sham Dayal (2008-09-26) books – Mariahilff.de

If you want a book that teaches you about Earned Value Project Management then, don t buy this book I will not list everything wrong with this book due to space limitations I am searching for a book that can be used in my EVMS class I will not require students to purchase a book such as this one which is full of errors.The title alone is enough to make anyone suspicious A book that states it will show the reader how EVM can be used on Any Size Project Effectively is a grandiose and delusional claim I am sure the next Western Power that wants to build a Multi billion dollar naval ship will all be clamoring to purchase the 99 Excel spreadsheet offered on the accompanying CD to run their next project.The author is completely confused by stating on page x that the PMI Practice standard is now the accepted EVM standard for the ANSI This statement is factually incorrect and one I am sure the NDIA PMSC custodians of the ANSI EIA 748 would be surprised to learn On page xvi the author states that After reading chapter 3, you will understand the entire EVM technique After reading chapter 3, I discovered that statement was false and realized the author is severely uninformed regarding the use of Earned Value Management So let s focus on chapter three.First, it is absolutely amazing what is not included in this chapter There is no discussion of the Control Accounts, Work Packages or Planning Packages I am convinced the author does not understand these key and foundational artifacts of EVMS This chapter, which is supposed to explain the EVM technique completely lacks sophistication and accurate detail For example, on pages 22 23 he only explains two EVM measures for tasks work packages %Complete and 50 50 and then states the 50 50 method is not recommended This poor, erroneous and narrow recommendation for EVMS task work package measurement is a very good reason to forgo purchasing this book One last example from chapter 4, but which is also present in chapter 3 is a very key point On page 60 is figure 4.1 This figure is awash with fundamental EVMS errors First, there are several zero budget tasks and one of the zero budget tasks has a negative VAC Second there are numerous tasks shown where the BCWP Earned Value exceeds the BCWS Planned Value This is possible if the figures were only monthly and there was BCWP to earn in the out months, but that is extending a level of sophistication that is absent in this book It is safe to assume this figure is incorrect and misleading as printed As I stated above there are many, many problems that could be described.This book was provided by the publisher as an instructor review copy This company J Ross Publishing has one of the most unfriendly policies in this regard which is Return this book in a saleable condition in 45 days or pay full market price The only exception being that if the book is adopted in a course, then you pay nothing Needless to say I will not be adopting this poorly written and inaccurate book.The good news, well sort of It is clear this author is grossly uninformed in regard to EVMS, but he does provide some useful guidance on Microsoft Project set up and tips The MS Project set up and tips are of no use to the unskilled EVMS analyst and some tips and suggestions may lead you astray However, no revision of this book is likely to correct all the EVMS problems and the fact that MS Project 2003 is the version demonstrated throughout does not help Even if it were updated to MS Project 2010, it would not correct all the EVMS misstatements If this author were to partner with a knowledgeable EVMS person then there exists the chance for a very good and useful book.I have written other book reviews on EVMS books which you can also read. The book is for MS 2007, uses a propriatary Excel Spreadsheet to produce reports and requires use of custom fields to be effective If you use 2007 there may be some benefit if you want to follow the strict methodogy used by the author. A Guide to Earned Value Management Examples Earned value management EVM is one of several project management techniques you can use to estimate where you are currently in a project versus the project s schedule and budget Earned value management WikipediaEarned Value Management Everything you need to Earned value management is a systematic project management technique or process which companies, project managers and other workers use for measuring project performance and progress objectively What is Earned Value Management How EVM Earned value management in project management can be defined as A systematic project management process that helps managers to measure project performance The process finds various variances in projects by comparing the work planned vs work completed Earned Value Keep Projects Under Budget Earned Value Management EVM is the industry standard methodology for project cost management, used by the largest and most complex projects all over the world At its core, it is a technique to compare Earned Value EV an objective, quantified measurement of project progress Actual Cost AC the actual money spent on the project to date, based on timesheets, expenses, etc A projectEarned Value Management Primaned Academy The Earned Value Management EVM method is a powerful way of understanding the actual progress within projects It is a standard international method, which combines time planning with costs Using this method, you can assess both the financial health and the progress of the project in a transparent manner Did you know that EVM can also be used effectively without using costs in yourEarned Value Management Explained Project SmartEarned value management systems EVMSHow to make earned value work on your project Earned Value Management EVM a project management methodology for objectively measuring project performance using an integrated schedule and budget based on the project WBS Earned Value Management System EVMS the process, procedures, tools, and templates used by an organization to do earned value management