Using Earned Value to Track Progress
The PB&J Project
PMIWDC Non-Member Rate
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The George Washington University School of Business
2201 G St, NW, Duques Hall, Room 453
Washington, DC, 20052
11:30am - Networking
12:00 through 1:00pm - Presentation
This luncheon is free and open to the public. Advance registration is required to attend.
About the ProgramEarned Value (EV) is a project metric that integrates the work scope of a project with the schedule and cost elements of the project to optimize control of the planned work. When implemented correctly, it is used as a project management warning system, enabling managers to identify problems early, thus allowing management redirection to prevent cost overruns or schedule delays.
So… What is the “The PB&J Project”? Did you ever consider that you can actually track the progress of constructing a peanut butter and jelly sandwich? Yes, you read that correctly. This light-hearted introduction to the concepts of earned value tracking walks through the PB&J project lifecycle from planning –to– baseline –to– tracking and reporting status –to– product delivery. In a very short time span this project has many of the same problems that your complex projects encounter, including delays, faulty materials, unplanned resource requirements, and an unreasonable customer. When you have a hungry five year old (yes – that’s the customer) eagerly awaiting project completion, constantly checking status and requiring thorough updates, this is one project where EV needs to be done right!
Come enjoy this presentation and learn the concepts of earned in a way that you will not soon forget.
- Closest metro stop: Foggy Bottom
- Garage Parking at Marvin Center (H & 21st St, NW): $18.00
- Metered parking is available
- Photo ID is required
- Use 22nd Street entrance
About the Speaker
Fletcher Hearns is the Director of Technology Solutions with Edwards Project Solutions (www.EdwPS.com). He is responsible for the implementation of technology solutions for EdwPS clients including Enterprise Project Management (EPM) as well as overseeing the custom application development performed around enterprise solutions and Microsoft® Project (Desktop & Server). Fletcher is also one of the lead trainers at EdwPS in various aspects of Project Management and the use of Project Management tools.
Prior to joining Edwards Project Solutions, Fletcher spent seven years as the Director of Engineering at ODS Medical, a firm specializing in the development of systems used in the medical industry for digital diagnostic image dissemination and recording. Earlier in his career Fletcher held various positions that involved the design, development and project management of complex high performance systems used in the financial and online gaming industries. Fletcher is a certified as both a Project Management Professional (PMP) and Project Management Scheduling Professional (PMP-SP). In addition Fletcher has been certified by Microsoft as an MCTS in Microsoft Project and Microsoft Project Server.
About the Washington Circle Luncheons
PMIWDC's Washington Circle luncheons are a series of free brownbag luncheons hosted at 2201 G St, NW in Downtown DC. There are luncheons every fourth Wednesday of the month, unless posted otherwise.
This program series is made possible by the generous support of George Washington University School of Business, which offers a Master of Science in Project Management (MSPM) degree. The MSPM program is designed to meet the needs of working professionals who want to enhance their ability to integrate complex projects, motivate people, and achieve cost-effective results. With courses offered both on-campus and online, students have the flexibility to complete the degree from virtually anywhere.
Washington Circle luncheons are free and open to the public. Pre-registration is preferred, but walk-ins are welcome on a first-come, first-served basis.