Project management can feel like being a circus ringmaster, tasked with keeping the lions, acrobats, and clowns in sync for a flawless performance. Ask anyone who has managed a complex project, people are always handing you a dozen new whips, hoops, and megaphones mid-act, promising each will make your show better. Individually, they often do,… [Read More]
The Earned Value Formulas
In project management, gut feelings and guesswork can only get you so far—eventually, you need cold, hard numbers to tell you if you’re winning or sinking. Earned Value is a method of calculating project status. It does this from two perspectives: Time (schedule) and Cost. After applying the earned value method the project manager will… [Read More]