Project managers frequently lack sufficient information to accurately determine the status of their projects, due to uncertainties in the original baseline values and disorganized cost and schedule tracking practices. With labor costs and labor productivity being the highest risk in mechanical, HVAC, and sheet metal contracting, an effective project tracking system needs to be employed. This book first introduces a simplified approach to using earned value as an effective project tracking tool and then describes the comprehensive Earned Value Tracking System. This system allows mechanical, HVAC, and sheet metal contractors to monitor the construction progress, forecast the final manhours and completion date for the project, uncover problems occurring on site, and therefore to respond accordingly early in the project.
Size: 90 pages