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  2. Earned value management - Wikipedia

    en.wikipedia.org/wiki/Earned_value_management

    The IEAC is a metric to project total cost using the performance to date to project overall performance. This can be compared to the EAC, which is the manager's projection. I E A C = ∑ A C + ( B A C − ∑ E V ) C P I {\displaystyle IEAC=\sum AC+{\left(BAC-\sum EV\right) \over CPI}}

  3. List of statistical tools used in project management - Wikipedia

    en.wikipedia.org/wiki/List_of_statistical_tools...

    work breakdown structure, A work breakdown structure (WBS), in project management is a deliverable oriented decomposition of a project into smaller components. A Gantt chart is a type of bar chart, that illustrates a project schedule. Design structure matrix is a simple, compact and visual representation of a system or project in the form of a ...

  4. Value of work done - Wikipedia

    en.wikipedia.org/wiki/Value_of_work_done

    For construction the physical percent complete of any element of the work is measured based on a physical measurement system (but not in terms of job-hours expended, as the measurement system needs to be fixed during the project duration). Apply the same principles as in major equipment to determine the VOWD for construction.

  5. Performance-based building design - Wikipedia

    en.wikipedia.org/wiki/Performance-based_building...

    Normally, the most valuable methods and tools are comprehensive scans which are performance based and include metrics that can easily be measured without lab-type instruments. Evaluations and reviews, are integral part of asset and portfolio management, design, construction, commissioning.

  6. Overall labor effectiveness - Wikipedia

    en.wikipedia.org/wiki/Overall_Labor_Effectiveness

    Accurately measuring this metric with OLE can pinpoint performance improvement opportunities down to the individual level. Calculation: Performance = Actual output of the operators / the expected output (or labor standard) Example: Two employees (workforce) are scheduled to work an 8-hour (480 minute) shift with a 30-minute scheduled break.

  7. Performance indicator - Wikipedia

    en.wikipedia.org/wiki/Performance_indicator

    A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [ 2 ]

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