Introduction for Business Management for Oil and Gas Industry

Total cost management is that area of engineering practice where engineering judgment and experience are used in the application of scientific principles and techniques to problems of business and program planning; cost estimating; economic and financial analysis; cost engineering; program and project management; planning and scheduling; cost and schedule performance measurement, and change control.

Table of Contents

"Earned Value Management System (EVMS)" by Alexander Cartwright

This sample document describes the overarching system used as a fundamental tool to manage project performance, and serves as the central EVMS guidance document for personnel at all sites throughout the division or company.

"Comparison of Earned Value Standards" by Paul E Harris

Abstract:

The standards reviewed all meet their stated objectives but are different in their approach to the subject, the level, detail they provide. These statements from taken from their introductions accurately describe each document.

Introduction – What is Earned Value – A quick overview

There is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than the creation of a new system. For the imitator has the enmity of all who would profit by the preservation of the old institutions and merely lukewarm defenders in those who would gain by the new - Niccolỏ Machiavelli, The Prince