Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned...

12
Planning, Monitoring and Control (PMC) SIG Product Update Alex Davis 12th June 2012

Transcript of Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned...

Page 1: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

Planning, Monitoring and Control (PMC) SIG

Product Update Alex Davis

12th June 2012

Page 2: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

Summary §  PMC SIG existing products

§  PMC SIG new products

§  Work in progress

§  Future work

§  A word from the Chairman

Page 3: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

PMC SIG existing Products

§  APM Earned Value Management Guidelines

§  Introduction to Planning

§  The Earned Value Compass

§  Interfacing Risk and EVM

§  Introduction to Project Controls

Page 4: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

White Papers

§  The Scheduling Maturity Model

– Published 2010

§  Earned Schedule

– Published 2010

Page 5: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

PMC SIG new products

Page 6: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

PMC SIG new products §  The Scheduling Maturity Model

§  The Earned Value Body Of Knowledge (EV BOK)

§  Earned Value foundation exam

– First exams sat in 2011

§  Earned Value practitioner exam

– Pilot exams sat in 2012

Page 7: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

The Foundation Examination

§  Simple and complex multiple choice questions

–  30 Knowing / comprehending

–  10 Applying / analyzing

§  One hour examination

§  Closed book

§  Pass mark required is 65%

§  All questions based on “Earned Value Management – APM Guidelines”

Page 8: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

The Practitioner Examination §  Complex multiple choice questions

–  80 questions

–  Based on Bloom’s taxonomy (knowledge, comprehension, application and analysis)

§  Three hour examination

§  Open book

§  Pass mark required is 50%

§  All questions based on “Earned Value Body Of Knowledge” (EV BOK)

§ 8

Page 9: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

Not more exams…! §  Provides a nationally recognised

qualification

§  A measure of your competence

§  Transferable

§  Use the knowledge to tailor EV implementation

§  Linked to Continuing Professional Development –  Practitioner element must be kept

current

We all use Earned Value

Page 10: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

Work In Progress

§  The Planning Guide

§  Review of the ANSI Standard 748

§  Review of APM EVM Guidelines

Page 11: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

Future Work

§  Cost Engineering and Earned Value - White Paper

§  A guide to conducting Integrated Baseline Reviews (IBRs)

§  The link between Earned Value and Portfolio (dynamic link between benefits and project outturn costs)

Page 12: Planning, Monitoring and Contro (PMC) SIG Product Update ...€¦ · 12/6/2012  · APM Earned Value Management Guidelines ! ... The Earned Value Compass ! Interfacing Risk and EVM

SIG Workgroup Doers and Reviewers

Always needed

Contact Steve Wake [email protected].

uk 0208 886 5594

The PMC SIG is the most productive of all 13 SIGs in the APM

The PMC SIG exists through its volunteers

We can’t produce work without them

The SIG is always looking for help

A word from the Chairman

Contact Alex Davis [email protected]

030 679 33747