How can you get a quick summary of project performance in under 60 seconds? Dashboards should instantly tell you how your project is tracking in terms of cost, schedule, quality, design, risk and other domains: Here is a video doing a deep-dive on dashboards Does your company use them? Are they good? Here is the Excel dahsboard: https://www.skool.com/construction-contractors/classroom/c3d0bb3b?md=9420ef01f7b54d38aec13f967e87622d

I've always found the way Earned Value Management in textbooks and the way its used in real life are worlds apart. Textbooks agonize over the definitions of the terms without explaining how to apply them. EVM is a system that uses cost as a baseline to compare project activities and get a holistic view of project performance. For each activity and the project as a whole you can determine whether its on schedule and budget. The three numbers (all expressed in dollars): Planned Value - How much you should have done up to a point in time. Earned Value - The budgeted cost of the work you've completed. Actual Cost - How much you've actualy spent Using these three variables you can answer questions like: Are we over or under budget? This is the difference between the value of our budget we have "earned" (i.e. we are 50% done, we should have spent 50% of our budget). And our actual cost. Are we ahead or behind schedule? The difference between where we should be (we should be 50% done), and how much work we've actually done (we've only done 40% of the work) Here is my attempt to explain it clearly. (Like and comment - it helps the youtube algorithm!)

I’ve been thinking about this a lot lately, what if the real value in this community isn’t just what we learn, but what we share with each other? Everyone here has a unique perspective that someone else needs. What’s one idea or lesson that changed the way you see things recently?

Because the other thread got way too long, this is a new monthly thread for introducing yourself and any Q&A you have All the resources are in the classroom, but I have not done a good job structuring it, so feel free to ask if you are looking for anything Cheers Tim