Productivity, Performance, & Earned Value

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  • 1.  Engineering EV | Rules of Credit Discussion

    Posted 07-26-2022 09:45 AM
    Good morning, 
    Please let me know if anyone is interested in sharing knowledge regarding Rules of Credit.  I envision this as an open forum comparing how expert leaders are measuring / validating percentage complete utilizing rules of credit.

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    Paula Rokosny
    Green Brook NJ
    1 (732) 424-8604
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  • 2.  RE: Engineering EV | Rules of Credit Discussion

    Posted 07-27-2022 09:30 AM
    All

    This would be an interesting discussion- something that would be a very worthwhile paper for the AACE Expo as well as a Recommended Practice.

    I look forward to seeing a discussion on this topic.

    Best

    Dan 
    --
    Dan Melamed CCP, EVP. FAACE
    Member Technical Board
    National Capital Section Director
    AACE International
     
    TEL (301) 775-7286
    e-mail: dan.melamed.dc@gmail.com
     
    Disclaimer: this e-mail represents the view of its sender.  This
    e-mail was not prepared as a product of the U.S. Government including
    the Department of Energy; no official endorsement should be inferred



    Original Message


  • 3.  RE: Engineering EV | Rules of Credit Discussion

    Posted 07-27-2022 09:41 AM
    There are some recent publications on this topic that can show what is immediately available in our library:

    Progress Earning Rules of Credit and Their Impact on Cash Flow, Ferdinand R. Karbowski, Jr. PSP, 2020 AACE International Transactions, CSC-3441, AACE International, Morgantown, WV, 2020

    Progress Measurement for Owners, Ferdinand R. Karbowski, Jr. PSP, 2019 AACE International Transactions, OWN-3222, AACE International, Morgantown, WV, 2019

    Construction Progress Measurement Tool for Small Projects, Syd Daneshyar; Peter Walker, 2014 AACE International Transactions, PS.1597, AACE International, Morgantown, WV, 2014

    ------------------------------
    Dan Melamed CCP EVP
    Program Analyst
    U.S. Department of Energy
    1 (301) 775-7286
    Disclaimer: this e-mail represents the view of its sender. This e-mail was not prepared as a product of the U.S. Government including the Department of Energy; no official endorsement should be inferred.
    ------------------------------

    Original Message


  • 4.  RE: Engineering EV | Rules of Credit Discussion

    Posted 07-27-2022 11:08 AM
    As discussed - here are several articles that discuss rules of credit.

    Progress Earning Rules of Credit and Their Impact on Cash Flow, Ferdinand R. Karbowski, Jr. PSP, 2020 AACE International Transactions, CSC-3441, AACE International, Morgantown, WV, 2020

    Progress Measurement for Owners, Ferdinand R. Karbowski, Jr. PSP, 2019 AACE International Transactions, OWN-3222, AACE International, Morgantown, WV, 2019

    Construction Progress Measurement Tool for Small Projects, Syd Daneshyar; Peter Walker, 2014 AACE International Transactions, PS.1597, AACE International, Morgantown, WV, 2014

    ------------------------------
    Dan Melamed CCP EVP
    Program Analyst
    U.S. Department of Energy
    1 (301) 775-7286
    Disclaimer: this e-mail represents the view of its sender. This e-mail was not prepared as a product of the U.S. Government including the Department of Energy; no official endorsement should be inferred.
    ------------------------------

    Original Message


  • 5.  RE: Engineering EV | Rules of Credit Discussion

    Posted 02-06-2024 01:38 PM

    @Mammad Yusubov



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    Joao Dias, MSc, PGDip, PSP, PMI-SP
    Director, London UK
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    Original Message


  • 6.  RE: Engineering EV | Rules of Credit Discussion

    Posted 02-07-2024 08:26 AM

    Thank you for sharing @Dan Melamed.



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    Fred MESSINA
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    Original Message


  • 7.  RE: Engineering EV | Rules of Credit Discussion

    Posted 02-07-2024 12:30 PM

    Look forward to reading these Dan, thanks. From my own experience, creating a non-sbujective form of Progress Measurement, can be, well... very subjective :D

    Regards,

    Rob



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    Robert Farrell
    Director
    Linesight
    Dundee
    00447800833186
    robert.farrell@linesight.com
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    Original Message


  • 8.  RE: Engineering EV | Rules of Credit Discussion

    Posted 02-22-2024 05:01 PM

    Hello Paula,

    Sorry for the delayed response.  Rules of credit apply to EVT 0/100, 25/50/75/100, 33/66/100 (in engineering do not every use 99%, it will never go past that!), 50/50.  I have used these in all types of programs including Agile, research and development, LRIP, manufacturing, construction, logistics, and design.  They are very much focused on the duration of the activities and the relationship to the reporting calendar, when the scope is hard to objectively take % on.  

    What are you looking for specifically? 



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    Michael Marcell EVP PSP
    Vice President
    K2 Consulting
    Bethesda MD
    (240) 876-4833
    mmarcell@k2consulting.com
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    Original Message


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