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Earned Value Analysis

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A technique that compares the budgeted project costs, actual project costs and value of the work achieved to determine, inter alia, the status of the project, the likely completion of the project and the out-turn cost of the project. Often also refer...

Feb 3, 2009

Arrow Diagram Method

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A network diagramming technique in which activities are represented by arrows. The tail of the arrow represents the start and the head represents the finish of the activity (the length of the arrow does not represent the expected duration of the acti...

Feb 3, 2009

Precedence Diagram Method

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A network diagramming technique in which activities are represented by boxes (or nodes). Activities are linked by precedence relationships to show the sequence in which the activities are to be performed. See also [[Arrow Diagram Method]].

Feb 3, 2009

Windows Analysis

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A method of [[Delay Analysis]] that analyses the project in discrete 'windows' of time. The Status of the project and forecast Programme Completion Date is examined at the beginning of the time window and at the end of the time window. Any Variance (...

Feb 3, 2009

What-If Analysis

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The process of evaluation alternative strategies by changing the Sequence, Durations and [[Constraints]] on activities.

Feb 3, 2009

Work Breakdown Structure

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A Hierarchy that results from breaking down or ordering the project so that the activities on any level are a subsection of the level of detail shown above. A hierarchical and logically oriented grouping of project elements (typically deliverable or ...

Feb 3, 2009

Variance

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The difference between planned and actual performance of an activity or a sequence of activities. Usually relating to differences between [[Planned Progress]], [[Planned Start]] or [[Planned Finish]] and [[Actual Progress]], [[Actual Start]] or [[Act...

Feb 3, 2009

Turnaround Document

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A cyclical tabular report generated to enable those [[Monitoring]] the works to enter their activity [[Progress]] status against a list of activities that are scheduled to be in progress during a particular time window.

Feb 3, 2009

Time Now

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The time at which all progress information entered for a project should be correct as of this date. The time at which all remaining work starts. This is the date when Progress is measured up to and generally coincides with the production of the [[Pro...

Feb 3, 2009

Time Impact Analysis

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A method of [[Delay Analysis]] that analyses the effect of each [[Event]] incrementally and takes account of the status of the project or programme at the time the delaying event occurred, the changing nature of the [[Critical Path]] and the effects ...

Feb 3, 2009

Start-to-Start

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A relationship between two activities where the [[Successor]] activity (the second activity) cannot start until the [[Predecessor]] activity (the first activity) has started.

Feb 3, 2009

Start-to-Finish

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A relationship between two activities where the [[Successor]] activity (the second activity) cannot finish until the [[Predecessor]] activity (the first activity) has started. This is essentially an illogical [[Dependency]] as it implies time running...

Feb 3, 2009

Slippage

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Difference between Planned Progress, Planned Start or Planned Finish and Actual Progress, Actual Start or Actual Finish when the project is in Delay. See also [[Variance]] or [[Delay]].

Feb 3, 2009

Schedule Performance Index

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A parameter of [[Earned Value Analysis]]. The ratio of actual performance to planned performance.  It is generated by taking the sum of the budgets of those activities (or milestones) completed by the data date (Budgeted Cost for Work Performed {BCWS...

Feb 3, 2009

Retained Logic

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A method of calculating the [[Critical Path]] in partially completed projects taking account of Out of Sequence Progress. Where activities have been progressed out of sequence, Predecessor Activities are reduced to their [[Remaining Duration]] and pr...

Feb 3, 2009

Progress Report

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A regular report detailing the progress of the project, usually including a comparison of the actual progress achieved compared to that planned for the individual activities and for the project as a whole, a forecast of completion of key dates and th...

Feb 3, 2009

Progress Override

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A method of calculating the [[Critical Path]] in partially completed projects taking account of Out of Sequence Progress. Where activities have been progressed out of sequence, Predecessor dependencies are ignored. See also [[Retained Logic]].

Feb 3, 2009

Programme

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A group project: a project or programme containing multiple projects with a common purpose. The timetable for a project. Showing how Activities and Milestones are planned to be carried out over a period of time. The document for communicating the Pla...

Feb 3, 2009

Planning Planet

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A website networking Planning, Programming & Project Control's Professionals around the world - an expert resource of project planning benchmarks, production rates, effort hours, cycle and build times etc. Planning professionals cooperatively network...

Feb 3, 2009

Planning

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Planning relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment.The process of preparing for the commitment of resources in the most effective fashion. It aims to produce a workabl...

Feb 3, 2009