PM/Manage Project
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PM Responsible

As the project manager, you are accountable that the following items are identified, documented, followed up and approved:
Requirements
Solutions
Budget
Planning
Responsibility assignments
Actions
Risks
Assumptions
Changes
Dependencies
Issues
Communications
Documentation
Decisions

icon Manage budget

Introduction

A budget's line is defined by:
  • Entity
  • Project
  • Level: Management or Training or Software or Operation or Support or Other
  • Phase (Pre-Project or Start or Preparing or Work or Closing)
  • Description
Its values are:
  • Date
  • Quote
  • Founding
  • Actual cost
  • Done Task (%)
  • Foreseen Task (%)

Indicators

Cost Variation (CV)

It is the variation between the done value and the actual cost.
Done Value = Done % * Quote
Cost Variation = Done Value - Actual Cost

Cost Performance Index (CPI)

It is the index between the done value and the actual cost.
Cost Performance Index = Done Value / Actual cost

Schedule Variation (SV)

It is the variation between the done value and the foreseen value.
Foreseen Value = Foreseen % * Quote
Schedule Variation = Done Value - Foreseen Value

Schedule Performance Index (SPI)

It is the index between the done value and the foreseen value.
Cost performance Index = Done Value / Foreseen Value %

Consolidation

This indicators and values could be consolidated by Entity, Project, Level, Phase.
Each budget's line should be historally recorded to get derive trends.

Exemple of budget log

Cf page.