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Project professionals and Earned Value practitioners in particular realise the great value that the right indicator and approach could add to managing a project. But have we become too focused on our project management terminology and goals that other in the organisation are finding it hard to relate?
We’ve all had the experience of sitting down with a finance analyst and try to explain our indicators again and again.
PVaR™ is an extension to the VaR (Value at Risk) indicator, widely used in finances. It was developed by Ms. Nicki Kons, a global risk and EVM expert and researcher and the author of the book PVaR - Project Value at Risk.
PVaR™ answers some of the most significant questions in project management by using only 3 well know and widely accepted figures: confidence level, project phase and money or schedule. It’s a fresh way of thinking beyond the project barriers to allow a data oriented fruitful conversation between project professionals and others. PVaR™ takes us one step closer to the data revolution that’s coming our way.
The annual two-day conference takes place at the Armourers' Hall in Moorgate, London. The event will provide an interesting group of high-level speakers covering a range of topics and industries. EVA23 will be different, entertaining and informative. Come along to talk, listen, learn, discuss and see how best to get project controls right. For more conference details and booking.