Project Controls Standard Curves
1) Purpose: This tool allows the user to quickly develop progress or cash flow curves using one of three standard curves.
2) Design / Methodology / Approach: Data from various projects in the late 80’s and early 90’s was collected, and then used to make the curves.
3) Findings and Value: This tool provides a quick basis to determine FTE resources, cash flows or progress curves in either the FE phase or proposal phase of a project.
4) Research Limitations / Implications: None
5) Practical Use / Implications: This has proven to be a useful tool by project managers and estimators in the development of high level presentations relating to conceptual planning and estimating.
6) Originality / Value: This was initially developed by me in the early 1990’s.
7) Conclusions: This tool provides the user with a fast method to convey cost and schedule projections, monthly progress peaks, craft labor peaks (density studies) and share the output with more senior management.