Construction Project Management
Planning & Scheduling
Bar Charts
Building a CPM Schedule
Networks & Logic
CPM Scheduling
Logic Relationships & Precedence Networks
Progress Updating

Assessing Percent Complete of Activities and Projects

Percent Complete is a confusing topic and notion. But Saleh sheds some light on why and helps you understand what is most important in evaluating percent complete.

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We mentioned earlier that project controls requires the calculation of percent complete and calculation of percent complete is a big subject and an important one as well. What's a percent complete? And we sometimes abbreviate it as PC, or PCT. It's an estimate expressed as a percent of the amount of work that has been completed on an activity or work breakdown structure component. And that's a definition from the PMI PMBOK.

Percent complete may apply to an activity, assembly, or the entire project. But we need to keep in mind that the activity percent complete is the most important because it's the basis of progress payments. We need to know the percent complete of each activity and then when we do the progress payment, we multiply actual quantities done by the enterprise that comes from the schedule of values or bill of quantities, and that is the basis of progress payments.

Depending on the type and nature of the activity, the assembly, the project, any one of them worth measuring the percent complete up, percent complete may be calculated using one of several methods that may yield different results, some methods are more subjective than others and depending on the situation, then some methods may be more appropriate and give more accurate results.

Some of the methods here used, one we call it units completed, the other one cost or time ratio. ...

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