Tuesday, October 18, 2005

Earned Value Metrics Tainted by LOE; Project Frontier Studies Solutions








As covered in the latest addition of Earned Value Project Management, by Quentin Fleming and Joel Koppelman, Earned Value metrics are tainted by the inclusion of tasks that are defined as "LOE."

Examples are Project Administration, Meetings, supporting operational activities, or any general category that is just marked by the passage of time instead of being completed against a deliverable. As Fleming and Koppelman report, these items can cloud Earned Value statistics and should be segregated from normal Earned Value charts.

However, should they be handled as LOE at all, or some other operational category?

Garry Booker is writing a report, along with a FranklinCovey instructor, on how best to deal with this issue. As he reports on Project Frontier, he's looking for interested parties to provide a critical review of his paper. Please check out the link below for more...

Welcome to Project Frontier

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1 Comments:

At 9:37 PM, Anonymous Garry L. Booker said...

Jerry,

Thanks for the post! Unfortunatlely, nobody else has offered to review the draft article, with the exception of one person from the PMI Research Community web site. I guess everyone is busy with REAL work. :o)

/Garry
www.projectfrontier.com

 

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