Key Performance Indicators based on Earned Value Analysis / Management

Just had some ideas from class tonight regarding Earned Value Analysis (EVA). If you’re unfamiliar with EVA google it and you’ll find it is basically a way to measure a projects performance. Microsoft has a small ‘about’ page found here that might help as well – http://office.microsoft.com/en-us/project/HP010342581033.aspx

The three key elements of EVA are:

  1. Budgeted Cost of Work Scheduled
  2. Actual Cost of Work Performed
  3. Budgeted Cost of Work Performed

These are the ‘Measures’ of the project. The Key Performance Indicators you can derive based on these measures are:

  1. Cost Variance
  2. Schedule Variance

Sounds just like a dashboard right? Anyone interested in coming up with a PerformancePoint dashboard with these metrics based on Visual Studio Team Foundation Server? I know I am…

  • Ben- Any more information on this? We are looking at the same issue and
    I wanted to see if you have gotten any further response on this.
    Thank You,
    Tim

  • Hi Tim,

    I was playing around with the “Scrum for Team Systems” project templates in TFS recently and think it provides most of what I mention above. Check out the link below and let me know what you decide on…

    http://www.scrumforteamsystem.com/en/default.aspx

    Cheers,
    Ben

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