Portfolio Schedule Execution Metrics
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The document discusses four schedule execution metrics for 12 projects in July: 1) The Baseline Execution Index (BEI) measures tasks completed versus planned, and the July average was 0.96. 2) The Critical Path Length Index (CPLI) measures float availability on the critical path, and the July average was 0.97. 3) The Total Float Consumption Index (TFCI) measures the achievability of on-time completion, and the July average was 0.98. 4) The percentage of activities on the critical path was on average 8.43% for July.
Portfolio Schedule Execution Metrics
- 2. 2 Baseline Execution Index (BEI) Baseline Execution Index (BEI) measures the number of tasks competed as a ratio to those tasks that should have been completed to date (according to the original baseline). This index should be >=1.00. Average for July is 0.96 1.04 0.96 0.96 0.99 0.95 0.96 0.95 0.97 0.95 0.89 1.02 0.85 0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 Project 1 Project 2 Project 3 Project 4 Project 5 Project 6 Project 7 Project 8 Project 9 Project 10 Project 11 Project 12 Baseline Execution Index (BEI)- index July avg: 0.96 2015 avg: 0.87 0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 Baseline Execution Index (BEI) Improvement/Erosion BEI May BEI June BEI July Target
- 3. 3 Critical Path Index (CPLI) Critical Path Length is the number of days from time now to the early finish date of the task or milestone representing program completion. The result is an index that measures the sufficiency of the total float available relative to the remaining duration of the critical path. CPLI also measures the relative efficiency required to complete the program's critical path on time. This index should be>= 1.00. Average for July is 0.97 1.00 1.07 0.70 1.00 1.00 0.98 1.17 0.81 0.89 1.01 1.02 1.00 0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 Project 1 Project 2 Project 3 Project 4 Project 5 Project 6 Project 7 Project 8 Project 9 Project 10 Project 11 Project 12 Critical Path Lenght Index (CPLI)- index July avg: 0.97 2015 avg: 0.99 0.50 0.60 0.70 0.80 0.90 1.00 1.10 1.20 1.30 1.40 1.50 Critical Path Lenght Index (CPLI)-index Improvement/Erosion CPLI May CPLI June CPLI July Target
- 4. 4 Total Float Consumption Index (TFCI) The focus of the TFCI is to provide a duration-based performance index calculating total float consumption as an efficiency factor. The TFCI can be used to assess the achievability of the project's completion date in any network schedule rather than just using the total float as a static indicator of projected completion. If the TFCI is below 1.0, then the program may not complete on-time without mitigation. Average for July is 0.98 1.00 1.04 0.90 1.00 1.00 0.99 1.01 0.93 0.79 1.01 1.01 1.00 0.00 0.50 1.00 1.50 Project 1 Project 2 Project 3 Project 4 Project 5 Project 6 Project 7 Project 8 Project 9 Project 10 Project 11 Project 12 Total Float Consumption Index (TFCI)-index 0.70 0.80 0.90 1.00 1.10 1.20 1.30 Total Float Consumption Index (TFCI)-index Improvement/Erosion TFCI May TFCI June TFCI July Target July avg 0.98 2015 avg: 0.99
- 5. 5 % of Activities on the Critical Path This value represents the % of activities on the critical path, from the total number of activities on the schedule. Ideally, this number should be less than 15%. Average for July is 8.43% 2% 5% 10% 1% 6% 11% 4% 16% 23% 8% 21% 11% 0% 5% 10% 15% 20% 25% Project 1 Project 2 Project 3 Project 4 Project 5 Project 6 Project 7 Project 8 Project 9 Project 10 Project 11 Project 12 % of critical activities July avg: 8.43% 2015 avg: 10.59% 0% 5% 10% 15% 20% 25% 30% % of critical activities Improvement/Erosion % May % June % July Threshold
- 6. 6 Trending Analysis – All Metrics 0.93 0.85 0.91 0.83 0.82 0.88 0.83 0.82 0.91 0.88 0.85 0.85 0.96 0.6 0.7 0.8 0.9 1 1.1 1.2 Baseline Execution Index (BEI) Monthly Portfolio Average Monthly avg Target 1.05 1.05 1.04 1.04 1 0.93 0.85 0.90 1.13 1.01 1.00 1.06 0.97 0.7 0.8 0.9 1 1.1 1.2 Critical Path Lenght Index (CPLI) Monthly Portfolio Average Monthly avg Threshold 1.05 1.02 1.06 1.04 0.99 0.98 0.98 0.98 1.02 1.01 0.99 1.00 0.98 0.8 0.9 1 1.1 1.2 Total Float Consumption Index (TFCI) Monthly Portfolio Average Monthly avg Threshold 6.0% 6.0% 10.0% 8.0% 10.0% 13.0%12.1%12.3% 9.2% 15.0% 9.0% 8.1%8.4% 0% 5% 10% 15% 20% 25% 30% % of critical activities (%) Monthly Portfolio Average Monthly avg Threshold