zmVault/bpm-award-analysis.md

tags, title, up

tags	title	up
destiny/fleeting occupational topic/automation type/idea	BPM Award Analysis	pdi-estimating

BPM Award Analysis

BPM > Reports > Awards The HUB > HUB Insights > WIGs, KPIs & milestones

Inception to Date (ITD)

\begin{gather*}
\text{Overrun \$} = \text{ITD Cost \$} - \text{Baseline Cost \$} \\
\text{Overrun \%} = \frac{\text{Overrun \$}}{\text{Baseline Cost \$}} \\
\text{Overrun \%} = \frac{\text{ITD Cost \$}}{\text{Baseline Cost \$}} - 1
\end{gather*}

[!observation] Curiously, we've decreased expected uncertainty significantly, but are consistently overbidding by ~13%.

This observation is likely due to more recent projects still being in their infancy, where costs have not been totally realized.