Program Number: C020-15092009
Applying Earned Value on Both Small and Large Projects
Category Type: 3
Application/Specific Interest Groups: 30
Activity Sponsor: PMINJ Chapter (C020)
PDUs: - 1.5
Leadership - 0.0
Strategic - 0.0
Technical - 1.5
Today, more than ever before, the pressure on
project participants to deliver more with less resources on
a tightly constrained schedule, demands the use of an earned
value based management process. However, there is a
widespread perception in the industry that implementing an
earned value based system will bring an added degree of
bureaucracy and paperwork that may outweigh the benefits
derived from it.
This presentation will address a few streamlined approaches to get the most out of implementing earned value on both small as well as large projects. It will also examine different elements that play an important role in determining how effective earned value will be for you in your particular application. The speaker will also discuss a case study to expose some of the dangers and pitfalls of the "strict" interpretation of variance data related to earned value.
Pradip Mehta, PMP, CCE, PSP, EVP is a Vice President and Managing Consultant with Marsh, USA, a fortune 500 company. Mr. Mehta has 27 years of diversified and extensive experience in implementing project control processes and systems at the corporate, regional and project specific levels for both Owners and Contractors. He has successfully implemented earned value based systems on small as well as large projects. In his current position with Marsh, he leads and executes claim analysis involving issues related to disruption and productivity loss, schedule delay and acceleration, cost impact, scope change, causation and responsibility. He has provided litigation support, entitlement reviews and expert testimony on various contract disputes. Mr. Mehta has a M.S. in Construction management from the Georgia Institute of Technology. He is a frequently invited speaker on "Project Control Best Practices", "Delay and Damage Evaluation" and on "Implementation of Enterprise-Wide Project Management Systems”. He is also a certified Earned Value Professional - EVP, Project Management Professional - PMP, Certified Cost Engineer - CCE, and Planning and Scheduling Professional - PSP. He currently serves as a Director-at-Large of PMI College of Scheduling (PMICOS).
Topic: Facilitated Networking