project control farrokh alemi, ph.d. lee baliton
TRANSCRIPT
![Page 1: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/1.jpg)
Project ControlProject Control
Farrokh Alemi, Ph.D.Farrokh Alemi, Ph.D.
Lee BalitonLee Baliton
![Page 2: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/2.jpg)
Course on Project Management
PurposePurpose
Monitor progressMonitor progress Corrective actionCorrective action
![Page 3: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/3.jpg)
Course on Project Management
Why Projects FailWhy Projects Fail
ComplexityComplexity Regulation oversightRegulation oversight Poor communicationPoor communication Resistance to changeResistance to change Creeping scopeCreeping scope Lack of project ownershipLack of project ownership Shifting organizational prioritiesShifting organizational priorities Failure to meet customer needsFailure to meet customer needs
![Page 4: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/4.jpg)
Course on Project Management
MetricsMetrics
Estimated time to completionEstimated time to completion Budget at completionBudget at completion
![Page 5: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/5.jpg)
Course on Project Management
MetricsMetrics
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
![Page 6: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/6.jpg)
Course on Project Management
MetricsMetrics
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
Satisfaction with careSatisfaction with care Health statusHealth status Cost of careCost of care
![Page 7: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/7.jpg)
Course on Project Management
Metrics (example)Metrics (example)
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
Satisfaction with careSatisfaction with care Health statusHealth status Cost of careCost of care
![Page 8: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/8.jpg)
Course on Project Management
Metrics (example)Metrics (example)
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
Satisfaction with careSatisfaction with care Health statusHealth status Cost of careCost of care
Employee satisfaction with IT services
![Page 9: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/9.jpg)
Course on Project Management
Metrics (example)Metrics (example)
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
Satisfaction with careSatisfaction with care Lower morbidity due to fewer Lower morbidity due to fewer
medication errorsmedication errors Cost of careCost of care
![Page 10: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/10.jpg)
Course on Project Management
Metrics (example)Metrics (example)
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
Satisfaction with careSatisfaction with care Lower morbidity due to fewer Lower morbidity due to fewer
medication errorsmedication errors Cost of careCost of care
![Page 11: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/11.jpg)
Course on Project Management
Metrics (example)Metrics (example)
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
Satisfaction with careSatisfaction with care Lower morbidity due to fewer Lower morbidity due to fewer
medication errorsmedication errors Cost of careCost of care
![Page 12: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/12.jpg)
Course on Project Management
Metrics (example)Metrics (example)
Estimated time to completionEstimated time to completion Budget at completionBudget at completion Impact on patientsImpact on patients
Satisfaction with careSatisfaction with care Lower morbidity due to fewer Lower morbidity due to fewer
medication errorsmedication errors Cost of careCost of care
Monitor project’s progress as well as impact on patient
outcomes
![Page 13: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/13.jpg)
Course on Project Management
Earned Value ManagementEarned Value Management
Definition of termsDefinition of terms Calculation of earned valueCalculation of earned value Reporting of earned valueReporting of earned value
![Page 14: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/14.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline
![Page 15: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/15.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value
Planned value
0
50
100
150
1 2 3 4 TimeNow
6 7 8 PlannedEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Planned value
![Page 16: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/16.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value
Planned value
0
50
100
150
1 2 3 4 TimeNow
6 7 8 PlannedEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Planned value
Project end
![Page 17: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/17.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value
Planned value
0
50
100
150
1 2 3 4 TimeNow
6 7 8 PlannedEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Planned value
Project end
$60,000 planed
up to month 4
![Page 18: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/18.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost
CostIndirect Cost Direct Cost Actual
![Page 19: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/19.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost
0
50
100
150
200
1 2 3 4 TimeNow
6 7 8 PlannedEnd
ActualEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Actual cost Planned value
![Page 20: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/20.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost
0
50
100
150
200
1 2 3 4 TimeNow
6 7 8 PlannedEnd
ActualEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Actual cost Planned value
Solid line
shows
experience to
date
![Page 21: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/21.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost
0
50
100
150
200
1 2 3 4 TimeNow
6 7 8 PlannedEnd
ActualEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Actual cost Planned value
Solid line shows
experience to
date
Dashed line
shows forecast
![Page 22: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/22.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost
0
50
100
150
200
1 2 3 4 TimeNow
6 7 8 PlannedEnd
ActualEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Actual cost Planned value
Budget at completion
![Page 23: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/23.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost Rate of PerformanceRate of Performance Earned value Earned value
ePerformanc of Rate valuePlanned valueEarned
project ofstart since timeActual
completed taskscritical planned ofDuration ePerformanc of Rate
![Page 24: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/24.jpg)
Course on Project Management
Example Calculation of Rate Example Calculation of Rate of Performanceof Performance
![Page 25: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/25.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost Earned valueEarned value Rate of performanceRate of performance
0
50
100
150
200
1 2 3 4 TimeNow
6 7 8 PlannedEnd
ActualEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Actual cost Planned value Earn value
![Page 26: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/26.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost Earned valueEarned value Rate of performanceRate of performance VarianceVariance
CostCost ScheduleSchedule
valuePlanned- valueEarned Variance Schedule
cost Actual- valueEarned VarianceCost
![Page 27: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/27.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost Earned valueEarned value Rate of performanceRate of performance VarianceVariance
CostCost ScheduleSchedule
0
50
100
150
200
1 2 3 4 TimeNow
6 7 8 PlannedEnd
ActualEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Actual cost Planned value Earn value
Cost variance
![Page 28: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/28.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost Earned valueEarned value Rate of performanceRate of performance VarianceVariance
CostCost ScheduleSchedule
0
50
100
150
200
1 2 3 4 TimeNow
6 7 8 PlannedEnd
ActualEnd
Months since start
Co
st i
n T
ho
usa
nd
s o
f D
oll
ars
Actual cost Planned value Earn value
Schedule variance
![Page 29: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/29.jpg)
Course on Project Management
Definition of TermsDefinition of Terms
BaselineBaseline Planned valuePlanned value Actual costActual cost Earned valueEarned value Rate of performanceRate of performance VarianceVariance IndexIndex
Cost performance indexCost performance index Schedule performance indexSchedule performance index
valuePlanned
valueEarned Index ePerformanc Schedule
cost Actual
valueEarned Index ePerformancCost
![Page 30: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/30.jpg)
Course on Project Management
Estimate at CompletionEstimate at Completion
Index ePerformancCost
Completionat Budget Completionat Estimate
![Page 31: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/31.jpg)
Course on Project Management
Estimate Time to CompleteEstimate Time to Complete
Index ePerformanc Schedule
Estimate Time Original Complete toTime Estimate
![Page 32: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/32.jpg)
Course on Project Management
ExampleExample
Week 1
Rate of performance 50%
Planned value 10000
Actual cost 15000
Earned value ?
Cost variance ?
Schedule variance ?
Cost performance index ?
Schedule performance index ?
![Page 33: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/33.jpg)
Course on Project Management
ExampleExample
Week 1
Rate of performance 50%
Planned value $10,000
Actual cost $15000
Earned value $5,000
Cost variance ?
Schedule variance ?
Cost performance index ?
Schedule performance index
$5,000 .50 $10,000 valueEarned
ePerformanc of Rate valuePlanned valueEarned
![Page 34: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/34.jpg)
Course on Project Management
ExampleExample
Week 1
Rate of performance 50%
Planned value $10,000
Actual cost $15000
Earned value $5,000
Cost variance -$10,000
Schedule variance ?
Cost performance index ?
Schedule performance index $10,000- $15,000-$5,000 VarianceCost
cost Actual- valueEarned VarianceCost
![Page 35: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/35.jpg)
Course on Project Management
ExampleExample
Week 1
Rate of performance 50%
Planned value $10,000
Actual cost $15000
Earned value $5,000
Cost variance -$10,000
Schedule variance -$5,000
Cost performance index ?
Schedule performance index
$5,000- $10,000-$5,000 Variance Schedule
valuePlanned- valueEarned Variance Schedule
![Page 36: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/36.jpg)
Course on Project Management
ExampleExample
Week 1
Rate of performance 50%
Planned value $10,000
Actual cost $15000
Earned value $5,000
Cost variance -$10,000
Schedule variance -$5,000
Cost performance index 33%
Schedule performance index
%33$15,000
$5,000Index ePerformancCost
cost Actual
valueEarned Index ePerformancCost
![Page 37: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/37.jpg)
Course on Project Management
ExampleExample
Week 1
Rate of performance 50%
Planned value $10,000
Actual cost $15000
Earned value $5,000
Cost variance -$10,000
Schedule variance -$5,000
Cost performance index 33%
Schedule performance index 50%
%50$10,000
$5,000Index ePerformanc Schedule
valuePlanned
valueEarned Index ePerformanc Schedule
![Page 38: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/38.jpg)
Course on Project Management
Taking ActionTaking Action
Reconfirm planReconfirm plan Assess project performanceAssess project performance Take corrective actionTake corrective action Keep people informedKeep people informed
![Page 39: Project Control Farrokh Alemi, Ph.D. Lee Baliton](https://reader036.vdocuments.mx/reader036/viewer/2022062407/56649d945503460f94a7c294/html5/thumbnails/39.jpg)
Take Home LessonTake Home Lesson
Project control requires monitoring Project control requires monitoring progress using earned valueprogress using earned value