Transcript RUC 2

Determining the Health of a Project
through Earned Value Management
Determining the Health of a Project
through Earned Value Management
What and Why
When
How
Outcomes
Limitations
EVM and RM
Integration
Clearing and grubbing for a new water treatment plant in
Kassan, Alaska
What and Why
EVM is a project management technique
that:
– Objectively quantifies project progress and
performance in terms of dollars
– Measures actual performance against an
assumed spending baseline
– Provides indicators of future performance
based on past performance
When
Scope
Schedule
Budget
Earning Rules
Accrued Costs
Picture Here
Installing a well line in Pitka’s Point, Alaska
Toksook Bay, Alaska
590 residents
New WTP/WST
– $8.86M
– Const. Comp =
8/31/13
How
Scope – Work Breakdown Structure
Scope Item
Construction Activities
OOK 07-002 - Water Treatment
Plant
Construction start Date
Initial Material Flown/unload and
transport
Safety & Safety Stand Down
L - Housing Set-up
Site work
Clear & grub/haul off, 1300CY
L - Haul In NSF
Place NSF/Compact/grade
Grade and set connex
Barge Arrival/unload/transfer to
site
Piling Contract
Piling Contractor for WTP
Piling Contractor for WST
Set up for Pipe Work
Raw Water from 3A and 3B
L - C-143 Station 49+50 to 40+00
L - C-142 Station 49+00 to 29+00
How
Scope – WBS
Schedule – Critical Path
Scope Item
Construction Activities
OOK 07-002 - Water Treatment
Plant
Construction start Date
Initial Material Flown/unload and
transport
Safety & Safety Stand Down
L - Housing Set-up
Site work
Clear & grub/haul off, 1300CY
L - Haul In NSF
Place NSF/Compact/grade
Grade and set connexes (3)
Barge Arrival/unload/transfer to
site
Piling Contract
Piling Contractor for WTP
Piling Contractor for WST
Set up for Pipe Work
Raw Water from 3A and 3B
L - C-143 Station 49+50 to 40+00
L - C-142 Station 49+00 to 29+00
Est Start
03/12/12
Est Copm
08/31/13
03/12/12
05/02/12
08/31/13
05/02/12
05/02/12
05/03/12
05/04/12
03/12/12
05/24/12
05/31/12
05/31/12
06/14/12
05/03/12
05/04/12
05/25/12
08/27/12
05/31/12
06/14/12
06/14/12
06/16/12
06/16/12
03/12/12
03/12/12
04/07/12
06/23/12
06/26/12
06/26/12
06/30/12
06/23/12
04/21/12
04/07/12
04/21/12
06/25/12
07/21/12
06/30/12
07/10/12
How
Scope – WBS
Schedule – Critical Path
Budget – Itemized by WBS
Scope Item
Construction Activities
OOK 07-002 - Water Treatment
Plant
Construction start Date
Initial Material Flown/unload and
transport
Safety & Safety Stand Down
L - Housing Set-up
Site work
Clear & grub/haul off, 1300CY
L - Haul In NSF
Place NSF/Compact/grade
Grade and set connexes (3)
Barge Arrival/unload/transfer to
site
Piling Contract
Piling Contractor for WTP
Piling Contractor for WST
Set up for Pipe Work
Raw Water from 3A and 3B
L - C-143 Station 49+50 to 40+00
L - C-142 Station 49+00 to 29+00
Est Start
03/12/12
Est Copm
08/31/13
Cost
$2,664,292.90
03/12/12
05/02/12
08/31/13
05/02/12
$2,664,292.90
$0.00
05/02/12
05/03/12
05/04/12
03/12/12
05/24/12
05/31/12
05/31/12
06/14/12
05/03/12
05/04/12
05/25/12
08/27/12
05/31/12
06/14/12
06/14/12
06/16/12
$15,000.00
$3,000.00
$25,548.00
$824,916.90
$11,889.50
$20,382.00
$11,936.40
$2,984.10
06/16/12
03/12/12
03/12/12
04/07/12
06/23/12
06/26/12
06/26/12
06/30/12
06/23/12
04/21/12
04/07/12
04/21/12
06/25/12
07/21/12
06/30/12
07/10/12
$9,122.80
$581,900.00
$393,638.00
$188,262.00
$4,561.40
$50,175.40
$11,403.50
$18,245.60
How
Scope – WBS
Schedule – Critical Path
Budget – Itemized by WBS
Earning Rules – Predefined Metrics
Scope Item
Construction Activities
OOK 07-002 - Water Treatment
Plant
Construction start Date
Initial Material Flown/unload and
transport
Safety & Safety Stand Down
L - Housing Set-up
Site work
Clear & grub/haul off, 1300CY
L - Haul In NSF
Place NSF/Compact/grade
Grade and set connexes (3)
Barge Arrival/unload/transfer to
site
Piling Contract
Piling Contractor for WTP
Piling Contractor for WST
Set up for Pipe Work
Raw Water from 3A and 3B
L - C-143 Station 49+50 to 40+00
L - C-142 Station 49+00 to 29+00
QTY
Unit
1
1
1
LS
LS
LS
1300
6000
15
CY
CY
DAY
Est Start
03/12/12
Est Copm
08/31/13
Cost
$2,664,292.90
%
Dollars
03/12/12
05/02/12
08/31/13
05/02/12
$2,664,292.90
$0.00
05/02/12
05/03/12
05/04/12
03/12/12
05/24/12
05/31/12
05/31/12
06/14/12
05/03/12
05/04/12
05/25/12
08/27/12
05/31/12
06/14/12
06/14/12
06/16/12
$15,000.00
$3,000.00
$25,548.00
$824,916.90
$11,889.50
$20,382.00
$11,936.40
$2,984.10
75%
0%
10%
$11,250.00
$0.00
$2,554.80
0%
0%
0%
0%
$0.00
$0.00
$0.00
$0.00
06/16/12
03/12/12
03/12/12
04/07/12
06/23/12
06/26/12
06/26/12
06/30/12
06/23/12
04/21/12
04/07/12
04/21/12
06/25/12
07/21/12
06/30/12
07/10/12
$9,122.80 0%
$581,900.00
$393,638.00 100%
$188,262.00 100%
$4,561.40 0%
$50,175.40
$11,403.50 0%
$18,245.60 0%
$0.00
$393,638.00
$188,262.00
$0.00
$0.00
$0.00
How
Scope – WBS
Schedule – Critical Path
Budget – Itemized by WBS
Earning Rules – Predefined Metrics
Accrued Costs – Actual Cost to Date
ss
Estimated Cost
Version 8, 5/11
Cost Tracking
Updated as of:
PPE
4/21/2012
5/5/2012
5/19/2012
6/2/2012
6/16/2012
6/30/2012
6/2/2012
Materials
$2,501,487.50
Plan-Set Task Totals
Equipment
$1,167,040.00
Construction Budget
$8,862,720
Costs to Date
Remaining Balance To
Date
$1,372,700
Plan set title and plan set #
OOK-07-002
Freight
Community Name
Notice To Proceed Date
Toksook Bay
Labor
Travel
Subcontract
Material
100,886.00
66,463.79
127,431.70
58,137.57
Freight
40,907.93
0.00
676.58
67,210.06
3/15/2012
Local
Labor
0.00
2,086.43
4,840.89
10,463.97
Cost To Date
ANTHC
Labor
Equipment
81,789.63
0.00
53,093.87
42,831.01
58,421.55
1,009.21
50,568.70
17,523.88
$265,000.00
$3,196,771.50
$118,590.00
$1,613,831.00
Travel
0.00
3,000.00
560.00
560.00
Subcontract
583,532.46
141.11
348.26
215.19
Total Costs
This Period
807,116.02
167,616.21
193,288.19
204,679.37
0.00
0.00
$7,490,020
Total
Cumulative
Percent of
Costs
Budget Spent
807,116.02
9.11%
$974,732.23
11.00%
$1,168,020.42
13.18%
$1,372,699.79
15.49%
$1,372,699.79
15.49%
$1,372,699.79
15.49%
Biweekly Report
ss
Estimated Cost
Version 8, 5/11
Cost
Updated as of:
Plan set title and plan set
Community Name
Notice To Proceed Date
6/2/2012
OOK-07-002
Toksook Bay
3/15/2012
Materials
Equipment
Freight
Labor
Travel
PPE
4/21/2012
5/5/2012
5/19/2012
6/2/2012
6/16/2012
6/30/2012
Cost to
Date
Material
100,886.00
66,463.79
127,431.70
58,137.57
352,919.06
Freight
40,907.93
0.00
676.58
67,210.06
108,794.57
CONSTRUCTION
17,391.29
Quantity
ANTHC
Labor
81,789.63
53,093.87
58,421.55
50,568.70
243,873.75
Unit
Plan-Set
$2,501,487.50
$1,167,040.00
$265,000.00
$3,196,771.50
$118,590.00
$1,613,831.00
Actual Cost
Subcontract
Local
Labor
0.00
2,086.43
4,840.89
10,463.97
Cost To Date
Equipment
0.00
42,831.01
1,009.21
17,523.88
61,364.10
Est. Start
Travel
0.00
3,000.00
560.00
560.00
Subcontract
583,532.46
141.11
348.26
215.19
4,120.00
Est. Comp
OOK 07-002 - Water Treatment Plant
Toksook Bay / 07-002 / WTP WST
NTP or project start date
Pre-Construction
Shipping
Electrical Panels (subcontract)
Pre-Construction Meeting
Pre-Construction Completed
General Conditions
Insurance & CPA set-up
Per Diem
Construction Activities
03/02/12
03/02/12
03/02/12
04/27/12
04/27/12
04/27/12
04/27/12
04/27/12
05/02/12
05/02/12
05/02/12
03/12/12
08/31/13
03/02/12
03/02/12
08/20/12
08/20/12
06/13/12
04/27/12
04/27/12
08/30/13
08/30/13
08/30/13
08/31/13
OOK 07-002 - Water Treatment Plant
Construction start Date
03/12/12
05/02/12
08/31/13
05/02/12
Initial Material Flown/unload and
transport
Safety & Safety Stand Down
05/02/12
05/03/12
05/03/12
05/04/12
Constructi
Costs
to
Date
Remaining
Balance
Total Costs
This Period
807,116.02
167,616.21
193,288.19
204,679.37
0.00
0.00
584,237.02 Cost
to Date
Running
Total
Bi-Weekly Total
15.00%
Planned
Value
45.00%
100.00%
10.00%
4.00%
70.00%
9.00%
$8,862,720
$1,372,700
$7,490,020
Total
Cumulative
Costs
807,116.02
$974,732.23
$1,168,020.42
$1,372,699.79
$1,372,699.79
$1,372,699.79
$1,372,699.79
Est. Task Cost
$8,862,423.30
$0.00
$0.00
$404,000.00
$250,000.00
$150,000.00
$4,000.00
$0.00
$2,233,588.40
$71,291.00
$33,840.00
$2,664,292.90
Earned
Value
Percent of
Budget Spent
9.11%
11.00%
13.18%
15.49%
15.49%
15.49%
15.49%
Construction Budget
W-WP
W-WT
W-BD
Earned Valve %
Earned Valve
Dollars
45%
$112,500.00
0%
$0.00
100%
$4,000.00
0%
$0.00
70%
$49,903.70
9%
$3,045.60
95%
$14,250.00
0%
$0.00
$2,664,292.90
$0.00
5.00%
%
95.00%
$15,000.00
$3,000.00
EVM Outcomes
Three-Line Diagram
– Planned Value
– Earned Value
– Actual Cost
Variances
– CV and SV
Performance Indices
– CPI and SPI
Estimate at Completion
Mixing & placing concrete for a water
storage tank in Pitka’s Point, Alaska
EVM Outcomes
Drilling helical piles for a boardwalk in
Kwigillingok, Alaska
Installing water distribution main and
flush hydrants in Pitka’s Point, Alaska
EVM Outcomes
Excavating for a new lagoon in
Kasigluk, Alaska
Thermopile foundation for a clinic in
Kaltag, Alaska
EVM – Three Line Diagram
Cost and
Schedule
Variances
CPI = 0.91
EAC = $9,724,000
PlanTrax® Version 3.3b
EVM Limitations
Subjective
measurement
No consideration of
quality
Requires accurate
accounting
Looks forward based
on past events
The Tinker family’s new bathroom
Kasigluk, Alaska
Insulated flush hydrants in Galena,
Alaska
EVM and RM Integration
Identify potential
problems quantify their
impact
Monitor and manage
more effectively
Recoup value of
mitigated risks
Crushing rock for pipe bedding in
Pitka’s Point, Alaska
The new water treatment plant in
Pitka’s Point, Alaska
Determining the Health of a Project
through Earned Value Management
What and Why
When
How
Outcomes
Limitations
EVM and RM
Integration
A boy with a newly installed arctic box and low pressure sewer
in the background in Kasigluk, Alaska
Questions?