Over the last couple of years, clients are increasingly requiring Earned Value Analysis (EVA) as part of our project progress /performance status reports. EVA is a very powerful project performance indicator, which is becoming more and more widely used.
The purpose of earned value analysis is to measure a project’s progress and help predict its outcome. Earned value analysis involves comparing a project’s actual progress to what the project was expected to achieve (as reflected in a baseline plan) at a specific point in the schedule /budget, and providing forecasts of this relationship going forward.
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When I think about this subject, the first thing which comes to mind is a saying coined by my partner:-
“If the sex in a relationship is good then it feels like 30% of what is needed to make a good relationship”
“If the sex in a relationship is bad then it feels like 70% of what is needed to make a relationship good”
It might seem strange mixing up sex with Project Management philosophy 
but it is clear to me that if you have happy motivated & skilful staff it feels like they are only 30% of what is needed to make an IT project successful. If your staff are poorly motivated and unhappy then it feels that they are 70% of what needs to be corrected to make an IT project successful.
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For those newbie’s to Project Management – What is meant by the term “PMO”?
PMO is an abbreviation /stands for “Project Management Office” and is an office or department responsible for establishing, maintaining and enforcing project management processes, procedures, and standards. It provides services, support, and certification for project managers.
The set-up of PMOs has become very fashionable recently, with rapidly increasing numbers of PMOs set-up each year. This is evidenced by salaries of PMO related staff almost doubling in the last 18 months.
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My IT Management Philosophy has always been based on four key principals
which I have always considered to be independent of the current ‘flavour of the month’ in terms of IT development /project management methods:-
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This week I released a post offering for free a download of a Programme Level Access 2003 Risk /Issue tracking tool Access 2003 Risk & Issue Tracking Tool. I suggest anyone who is serious about risk and issue management needs to download this tool. However, the problem with project management tools and their ability to increase the probability of IT project /programme success rates is nicely explained by the following quote:-
“A fool with a tool is still a fool”
Link to John’s article on “tools and fools” 11/05/04 John Stelzer is Director fo Industry Development for Sterling Commerce
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