At a recent conference one of the more interesting conversations surrounded the difference between contract and project management. To many people this is one of the same–and a simple Google search reinforces this perception–but, I think, this is a misconception.
The context of the discussion was interesting in that it occurred during an earned value management-focused event. EVM pitches itself as the glue that binds together the parts of project management that further constitutes integrated project management, but I respectfully disagree. If we ignore the self-promotion of this position and like good engineers stick to our empiricist approach, we will find that EVM is a method of deriving the financial value of effort within a project. It is also a pretty good indicator of cost risk manifestation. This last shouldn’t be taken too far.
(more…)![decorator-crab[1]](https://i0.wp.com/pisanond.me/wp-content/uploads/2015/07/decorator-crab1.jpg?resize=640%2C362&ssl=1)
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