November 22, 2019 - Community of Practice

11-22-2019 12:00 pm -1:30 pm
Topic: How to Calculate Estimate at Completion at project level
Synopsis: This topic discusses two different methods of calculating Estimate at completion adopted by two different software; seamless reporting of EAC is essential. Differences between software on how Estimate at Completion (EAC) is calculated at a project level can confuse and mislead project management professionals, especially if these differences result in extreme project performance indicator variances from one software to another. 
This presentation compares between two methods of two scheduling software packages (MS Project and Primavera P6) used to calculate EAC at a project level:
  1. Adding up EAC for all control accounts on a project, at their appropriate levels to generate the EAC of the project.
  2. Adding up Actual costs and Earned Value for all control accounts on a project at their appropriate levels, calculating the project’s Cost Performance Index (CPI), and using this CPI to calculate EAC.
The presentation also discusses different examples that will magnify the issue discussed. This presentation also outlines the accuracy of method 1 above, compared to method 2. The goal of this presentation is to create a first step of gaining consensus on how EAC is calculated at a project level.

January 2020 - Community of Practice

01-16-2020 12:00 pm -1:30 pm

Topic: Broaden Your Career Horizon

Synopsis: Have you ever wondered why some professionals can jump from one domain to another easily? Some can even get promoted to a very different function? In this speech, Eunice Yin will discuss with you who can broaden your career; and how to broaden your career horizons. Eunice will use her own work experience and personal stories to exchange her thoughts with you


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