Todays Learning Outcomes Introduction to S-curves Showing the effects of a project delay on an S-curve Project Planning Project Budgetary Control

S-Curve Chart: 1/4 - 1/3 Rule ¼ (final third) Principles 1/4 value expended in first 1/3 1/2 value expended in middle 1/3 1/4 value expended in final 1/3 Value ½ (mid- third) ¼ (first third) TIME Project Planning Project Budgetary Control

Project Budgetary Control Value to end of March £10,000 Project Planning Project Budgetary Control

Project Budgetary Control Value to end of April £33,000 Project Planning Project Budgetary Control

Student Activity Project Planning Project Budgetary Control Plot the S-curve based on the original programme which creates the base line for the project. Once complete, plot the S-curve for the delayed version of the programme and note what happens to the line. The curve shows the rate at which you are spending money compared to the baseline. Where would the line be if you were ahead of programme? What would happen if the values changed not just the programme duration? Project Planning Project Budgetary Control

Earned Value Chart Project Planning Project Budgetary Control Now COST Estimate at completion Forecast Original Budget Completion Cost Variance COST Budgeted Cost of Work Scheduled Schedule Variance Actual Costs of Work Performed To date Cost Variance Budgeted Cost of Work Performed Schedule Delay TIME Project Planning Project Budgetary Control