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new baseline and new cash flow

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Hazem Rady
User offline. Last seen 13 years 26 weeks ago. Offline
Joined: 22 Jan 2007
Posts: 10
Groups: None

hi all

i have a question that bothers me

i work in a consultant firm and i review contractor's time schedules

the contractor submit a baseline in the begining of work and i get from it the cash flow

i compare this cash flow with invoices of the contractor during project execution

after 6 months the contractor had the approval of time extension for his work from the owner (1 year extension..!!)

the contractor made a new baseline showing the new project end date starting from the date the extension of time is approved till the new end date

i get the cash flow from this new baseline but when i compare it to the invoices i wonder about the cash flow of the first baseline how can i represent it when i make total cash flow vs invoices.

this is the question: i have 2 baselines with 2 cashflows, how can compare them to contractors' invoices. shall i represent 2 cash flows with 2 seperate curves or shall i combine the 2 cash flows in one curve?

please advice

Replies

Rafael Davila
User offline. Last seen 1 week 4 days ago. Offline
Joined: 1 Mar 2004
Posts: 5241
To me it makes much sense to display Original Baseline, Actual Baseline and Update Banana Curves. Banana Curves are composed of Cummulative S Curves for Early and Late Schedules.

Although P3 can display 3 Banana Curves at the same time you can easily get lost with so much data that will display 3 early date curves and 3 late dates curves.

I prefer to display Update versus Actual Baseline in a separate Graph and Actual Baseline versus Original Baseline. This makes it easier to compare one against another in a way it makes more sense.

The following is how Spider Project displays 2 Banana Curves.

Spider S Curve