Terms and calculations

ICB4, baselines, float, earned value, element scores, readiness and the health score.

Term	Meaning in Project 14
ICB4	IPMA Individual Competence Baseline, version 4: 28 elements in three areas, Perspective (4.3), People (4.4) and Practice (4.5)
Baseline	A frozen copy of each task's planned dates, used to measure slip and earned value
Critical path	The chain of tasks with no float; any delay on it delays the finish
Float	How many days a task can slip without moving the finish
Milestone	A task of 0 days
Evidence	A dated record of something you did, tagged to one ICB4 element
Readiness	Project 14's estimate of how close you are to an IPMA level

Schedule

Dependencies are finish-to-start in calendar days: a task starts when its last predecessor finishes. Float is the latest start minus the earliest start.

Earned value

Shown once a baseline is set. Planned % comes from the baseline dates; earned % weights each task's % complete by its duration. SPI is earned over planned. CPI is earned value over actual cost. Above 1.0 is ahead of schedule or under budget. The forecast finish gives the remaining work its planned duration from today, never earlier than the plan's finish.

Project complexity

Add up the ten complexity indicators, each 1 to 4. A total of 34 or more fits Level A, 27 to 33 Level B, 19 to 26 Level C, and below 19 Level D.

Element score, 0 to 100

20 points for each evidence item, up to 70; plus 15 when the element shows on two or more projects; plus 15 when the latest item is within 180 days. Your own entries count 0.75 of an item until confirmed, and items older than three years count half.

Readiness

For each element the level requires, your score divided by the level's target, capped at 1. Readiness is the average, as a percentage.

Health score

The artefacts the phase requires give up to 80 points (current 1, stale 0.5, missing 0). The five Perspective checks give up to 20.

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