A HANDBOOK FOR SUCCESS
5 WAYS TO IMPROVE PROJECT KNOWLEDGE
2
COMMODITY, COST
AND MAN-HOUR CURVES
A commodity, cost, or man-hour curve is a great way to identify how you are performing against your schedule and committed deliverables. Having a visual representation that shows you planned versus actual earned hours, quantities, and cost gives you an accurate view of how your project is progressing and if you are trending in the right direction. You can quickly see where you are having any potential issues and make adjustments to get back on track while there is still time. In addition, this knowledge is beneficial to share with project staff and clients to provide transparency and to identify any potential risks that might impact the project.
“By comparing actual hours worked versus earned hours, you can see how your jobsite is performing over time. You can also set up an early and a planned finish curve to drive a project’s completion. By updating and tracking your actuals, you can get an accurate depiction of the progress of your project, see any trending, and adjust where needed to either get the project back on track or push to an early finish.”
–Dominic Cozzetto, InEight Product Manager for Field Execution