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Efficiency

2 replies [Last post]
Wed, 2006-07-12 04:30
Radhakrishnan Gun...
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Hi,

Can any one suggest how to calculate the % efficiency in a project, based on Budgeted man hour, Actual consumed man hour, Planned man hour and progress percentage!!!

Thanks in advance.
Guna.
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Replies

Wed, 2006-07-12 16:37
#1
Philip Jonker
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Hi Radhakrishnan ,

Performnce is not not normallly measured by % but by factors, such as , ,97, the simple rule is these factors are used in cost to completion calculations

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Wed, 2006-07-12 06:40
#2
Gary Whitehead
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Sounds like a job for Earned Value!

Earned Value = Budgeted cost x progress percentage

Schedule efficiency (or schedule performance index) = Earned Value / BCWS (budgeted cost of work scheduled)


Cost efficiency (or cost performance index) = Earned Value / ACWP (actual cost of work performed)


So using the data you list, I’d suggest:

(Budgeted man hour x progress %) / actual consumed man hour
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