Production Archives

Article Page – How to Dispose of Contaminated Waste

Use and edit template for free Use this template now How to Dispose of Contaminated Waste In this article, we will cover the importance of regulation and compliance for the disposal of contaminated waste, how to maintain a contaminated waste…

Value of work done

Value of work done (VOWD) Value of work done definition Value of work done (VOWD) is a project management and reporting technique for measuring the costs of a project at a specific point in time. Your value of work done…

Variance at completion VAC

Variance at completion (VAC) What is variance at completion? Variance at completion or VAC is a project management and analysis tool used for projecting the different between your initial budget and the most recent budget estimate. The number which falls…

Cost performance index

Cost performance index: What you need to know about CPI What is cost performance index (CPI)? Cost performance index is one of the key measures associated with earned value management, which is a strategy and process for calculating and understanding…

Cost performance index formula

Cost Performance Index Formula: Here’s the right CPI formula What is the cost performance index formula used for? Cost performance index (CPI) is one of the most important earned value management metrics, being a crucial input to many earned value…

TCPI formula – To complete performance index

TCPI Formula: To Complete Performance Index What is the ‘to complete performance index’ or TCPI? TCPI or the to complete performance index is one of the more recent additions to the project management and earned value management arsenal. While new…

Budget at completion formula

Estimate at completion formula What do we use the estimate at completion formula for? Projects can be very complicated, with hundreds or thousands of moving pieces and interacting forces and parties. Not only this, but many of these forces are…

Finance – S curve example

S-curve examples About S-curve examples The S-curve is a staple tool in a project managers toolbox. For a good general overview of S-curves, and how they are used in construction, read this article. For a quick refresher, an S-curve is…

Finance – Construction cash flow

Construction cash flow: All about cash flow in construction What is construction cash flow? Cash flow is something which is important to all business. Cash flow for most companies refers to the movement of money into the business (income), and…

Finance – Earned value calculation excel

Earned value calculation excel How to do earned value calculations in excel Calculating earned value is an essential part of project management, as it’s one of the most accurate and objective ways to assess project performance during project delivery –…