Wrestling with the various instruments for "snapshot" monitoring of the Project Work Plan:
Architect's Handbook of Professional Practice page 636 mentions the importance of using these metrics to gauge how things are going financially, but there's almost no explanation given or examples provided - just summaries of using Deltek and Axiom to do the work for us.
Using these metrics involves analyses of how much has been spent on labor to-date, how much is expected to be spent on labor to complete the remainder of the project, how much the total spent on labor at project completion will be, etc. What I don't understand is whether we're always talking about the cost of Direct Labor, or the cost of direct labor with multipliers applied. One of the items found in equations is NSF Net Service Fee, which is a value that has multipliers applied - it is not a value of direct labor (unless I've badly misinterpreted that). So does that mean that all the components of the formulas need to be converted to and expressed as labor values with multipliers applied? Units of direct labor and units of factored labor don't belong together in the same formula, do they?
Is there another resource besides the AHPP that discusses this, in terms of architectural project management? I found a couple web sites devoted to the Project Management Professional Certification that give good explanations in terms of general PM for any industry, but I need an explanation focused on architecture.
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