22/10/2026
ποΈ IS YOUR PROJECT ON TRACK OR JUST SPENDING MONEY?
A project can appear to be progressing while costs are rising and deadlines are slipping.
That's why Cost & Schedule Integration is essential for effective project management.
π 5 STEPS TO INTEGRATE COST AND SCHEDULE
π― 1. Define the Work β Develop a clear Work Breakdown Structure (WBS).
π
2. Build the Schedule β Establish activities, milestones, and timelines.
π° 3. Allocate the Budget β Link project costs and resources to scheduled work.
βοΈ 4. Track Actual Progress β Monitor completed work, expenditure, and schedule performance.
π 5. Analyse & Forecast β Use Earned Value Management (EVM) to identify variances and predict outcomes.
π‘ 3 KEY PROJECT CONTROL METRICS
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PV: Planned Value
β
EV: Earned Value
β
AC: Actual Cost
These metrics help project teams assess cost efficiency and schedule performance.
π THE PROJECT CONTROL FRAMEWORK
PLAN β BUDGET β EXECUTE β MEASURE β ANALYSE β CONTROL
π― Remember: A project isn't under control simply because it has a budget and a schedule. Both must be connected to actual progress.
π Swipe through Cost & Schedule Integration Made Simple to understand how to improve project performance.
π Save and share with a project manager, planning engineer, or cost controller!
JK Michaels Institute
Building Capability. Strengthening Performance.