What is the earned schedule?

earned schedule (EC) is a strategy or practice that uses the concept of setting and monitoring plans based on money or number of hours worked, not a more traditional approach to planning based on time increments. The idea is that in different stages in the life of any project or ongoing operation, the efficiency of schedule based on time increments becomes less effective. Rather than seeking ways to solve these inefficiency, the use of another base for the design of the schedule can help acatically in the successful performance of tasks associated with activity.

The idea of ​​a earned schedule is in itself based on a more established concept known as the management of earned values ​​(EVM). The development of the earned schedule involves practical use of EVM to determine the most effective way of structuring the schedule. Based on factors relevant to the project that is at hand uses the moneyFrom a schedule and a currency value for each process of the process, it can allow you to assess the forward movement of the project more precisely. At the same time, when planning a sequence and duration of each step, it may also decide to set up a schedule on the number of working hours associated with each phase or step to avoid losing time or other sources. The concept of obtained schedule does not necessarily exclude the use of more traditional use of time increments in the layout. Rather, the intention is to look at the project from more than one angle and then decide which combination of strategies to be incorporated into the work plan.

Creating a earned schedule based on alternative values ​​of money or working hours can help avoid some restrictions sometimes in setting a plan based on time steps only. Since the schedule is controlled by a factoryer than a specified number of minutes per task, there is room for solving unexpected events without necessarily derailing the plan itself. From this sexEDU has the ability of the project participants to cooperate with the project manager and develop ways to overcome obstacles, the potential to make the most of all the skills and expertise found among the project team.

There is a difference in views on the effectiveness of the earned schedule. Proponents of multiple traditional methods report the continuing use of these methods for many years, as well as the fact that any problems that may occur with these methods can normally be compensated during the project. The advocates of the schedule obtained will notice the widespread opportunities for organizing tasks, including the ability to enable more creative solutions that can actually provide excellent results.