lecture # 06ahtshamnaseem.com/mspm/lectures/pcfm/6-control costs .pdf · 2015-10-18 · m.shoaib...
TRANSCRIPT
To understand the basic terms of project Cost Control and related concepts. (PV,EV,AC, SV,CV)
To know the benefits of EVM (Earned Value Management)for assistance in Cost Control Process.
Not for Sale , Print or Copy . Only for education inside the classroom. M.Shoaib Naqshbandi MSPM- Islamabad. 2015.
Lecture # 06
Not for Sale , Print or Copy . Only for education inside the classroom. M.Shoaib Naqshbandi MSPM- Islamabad. 2015.
Control Cost Process
Not for Sale , Print or Copy . Only for education inside the classroom. M.Shoaib Naqshbandi MSPM- Islamabad. 2015.
How to Control Project Cost
Not for Sale , Print or Copy . Only for education inside the classroom. M.Shoaib Naqshbandi MSPM- Islamabad. 2015.
Control Cost Process
Not for Sale , Print or Copy . Only for education inside the classroom. M.Shoaib Naqshbandi MSPM- Islamabad. 2015.
Control Cost Process-Inputs
Elements of EVM
Not for Sale , Print or Copy . Only for education inside the classroom. M.Shoaib Naqshbandi MSPM- Islamabad. 2015.
PV and EV
Chart
EV
PV
BAC
AC
Cos
t
Time (Date)
Planned Value: what your plan called for sending on the tasks planned to be completed by this date.
Today
Earned Value: value (cost) of what you have accomplished to date, per the base plan.
Actual Cost: what you have actually spent to this point in time.
EVM Analysis