Calendar of Events

2019 Fall Study Group

2019 November Dinner Meeting - Volunteer Recognition Event

TOPIC: The State of Hiring -- Project Management Opportunities in Edmonton

2019 November 13 Volunteer Recognition Webinar (FREE)

November 22, 2019 - Community of Practice

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: Adding up EAC for all control accounts on a project, at their appropriate levels to generate the EAC of the project. 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.