Key Performance Index

Member for

22 years 8 months

Hi



I posted earlier in a topic all S-Curve. You can print out a S-Curve with Earned value in P3 easily. See below.



In addition, you can use the EV and PV and Actuals to calculate SPI and CPI, Schdule variance, @ Completion variance in P3 in a schedule format. On top you can also produce a Resource Histogram for major works from P3 as well.



There is a ranges of KPIs reports you can easily obtain in P3. Print some of these out and ask you Project manager select a few and the put some words together each month as a KPI summary report.



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HTH



Alex

Member for

22 years 3 months

use spreadsheet for KPI.

KPI as defined by others previously cannot be produced from P3. However, it can give you resource usage, earned value and workdone.



For example you cannot determine a KPI like , Formwork usage ratio. (Price of Shuttering done / cost of Formwork)

Member for

20 years 9 months

Thank you all for your replies.



As i am looking to generate a curve for major activities like concrete, BW, Plastering etc..with their early and late dates and compare with my actuals to find out whether my curve is above the early dates or with in early & late dates or else below late dates.



This would at a glance serve my management guys as a tool when they represent client/consultant’s meeting.



now can you throw some light on this subject ? more importantly - how do i generate through P3?



cheers

Member for

20 years

Hi,





Like it was said KPIs can have different meaning in different industries. To my understanding it is a quantity that can be physical or more like earned value, That will help you follow the progress of part of the scope of your project. You need to choose something you can easily measure, monitor and that is representative of your progress.

It can be a part of your progress measurement or not.



Your profile says you’re in the civil works, my civil experience is limited to mainly foundations. The KPIs we were monitoring were: tons of rebar installed, m3 of concrete pourred.

Basicly it can be anything you see as relevant but you’ll find out that there are "standards" that management is used to and you won’t have much choice.



good luck

Member for

20 years 3 months

More specifcially toward the Planning arena, Project KPIs may include Earned Value Indices (Schedule and Cost Performance Indicators).



However, without more specific information about what you’re after, and how your company works, we’re a little bit stuck.