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:
- Budgeted Cost of Work Scheduled
- Actual Cost of Work Performed
- Budgeted Cost of Work Performed
These are the ‘Measures’ of the project. The Key Performance Indicators you can derive based on these measures are:
- Cost Variance
- 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…