Schedule of payment in program

Hi Mike & Sunil

As per the hammock or Level of Effort method you suggested, I believe that the hammock activity progress will be calculated based on the remaining duration and it may not match with the real drawings submitted and approved.

So I have the opinion that it can be calculated with EV method as follows;

1. Consider the budget of shop drawings as 60%for submittal and 40% for approval.

2.Create the WBS as below;

Shop Drawings Submission & Approval

 Submission

 Civil

 Mech

 Elect

and similar for Approval as well.

3. Assign the above said budget value for each activity.

4. While updating the project, input the progress value considering the revisions and approvals.

The updated programme will  show the rolled-up summary.

Regards

Kannan

Hi Mike & Sunil

As per the hammock or Level of Effort method you suggested, I believe that the hammock activity progress will be calculated based on the remaining duration and it may not match with the real drawings submitted and approved.

So I have the opinion that it can be calculated with EV method as follows;

1. Consider the budget of shop drawings as 60%for submittal and 40% for approval.

2.Create the WBS as below;

Shop Drawings Submission & Approval

 Submission

 Civil

 Mech

 Elect

and similar for Approval as well.

3. Assign the above said budget value for each activity.

4. While updating the project, input the progress value considering the revisions and approvals.

The updated programme will  show the rolled-up summary.

Regards

Kannan

Hi Vinod,

First of all make the activities such as Civil shop drawings, Mechanical shop drawings, Electrical shop drawings etc. Then create a hammock, add individual percentages for each activity. Hammock bar will show the overall percentage. Then you will be able to judge the 20% milestone.

Best Regards,

Sunil Babu

Hi Vinod

Put all your shop drawing tasks under a hammock.

As each drawing is completed the cumulative progress will be shown on the hammock bar.

You will see when 20% is reached.

Best regards

Mike Testro

Hi Vinod,

In my opinion you need to agree with client how to quantify or define the percentage of shop drawings.

For eg: Civil has 50 SDs, Mechanical 25SDs and Electrical 25SDs. Based on construction works, you need to prioritize the sequence of drawings for each discipline. Then identify the completion date of 20% SDs for each discipline. Assign a resource for that activity, say-SOP and assign the 20% cost to that activity.

There may be the problem to calculate the progress with the above method. Because with the payment milestone, you can show the progress- only when you achieve the milestones, not during the time of execution.

BR

Kannan

Depends on the way you will measure these percents.

What is 80% of procurement?, what is 20% of shop drawings?

Please specify your software. I can advise how it could be modeled in Spider Project but if you use another software it is useless because the same methods are not supported by other tools.