Schedule Performance Index (SPI) is a term you might have come across in relation to earned value management methods. If your organization uses earned value to track project performance, you might have to calculate and report on SPI regularly. But what exactly is it? In this guide to SPI in project management we’ll cover what […]
Earned Value Management (EVM) Explained in Layman’s Terms
Earned Value Management (EVM) is a systematic program/project management process that helps managers to measure program performance. In government contracting, the guideline used in setting up and implementing EVM is EIA-748 Earned Value Management Guidelines. Earned Value Management (EVM) removes the guesswork from program performance by using a program’s performance metrics to provide accurate data. […]
Earned Value Management Scalability Guide Released by the NDIA
Earlier this year, the NDIA (National Defense Industry Association) released the Earned Value Management Scalability Guide. The NDIA IPMD Civilian Agency Industry Working Group (CAIWG) created this guide to help civilian government agencies and their suppliers implement EVM on smaller programs. The US government contractual mandates the use of Earned Value Management Systems (EVMS) on […]
What is an Integrated Master Schedule?
Have you got questions about Integrated Master Schedules (IMS)? You’re in the right place! We’re going to answer all your IMS questions. Understanding the IMS is critical if you want to set up and run earned value services in your organisation. It’s also useful if you simply want a big picture view of all the […]
10 Earned Value Management Interview Questions
Earned Value Management Interview Questions If you’re looking to augment your team with someone who can effectively use Earned Value Management techniques? It’s important to thoroughly test their abilities during the recruitment phase so you are confident they’ll be able to do the job. Whether they’re joining your team as a project controller, a control […]
The New IPMDAR is Released
The DoD in April has released it’s latest revision of the IPMDAR (Integrated Program Management Data and Analysis Report). The Earned Value Management (EVM), a division of Acquisition, Analytics and Policy (AAP) within the Acquisition Enablers organization serves as the Department of Defense (DoD) focal point for all policy, guidance, and competency relating to EVM. […]
What is the Responsibility Assignment Matrix
The Responsibility Assignment Matrix, or RAM, is one of the fundamental charts or matrices used on an ANSI/EIA-748 project. It articulates the translational point from where detail cost, schedule and technical performance data is summed from and reported to internal and Government agencies. Additionally, this is the point at which Control Account Managers (CAMs) are […]
The Work Package
The Work Package During the process of creating a Work Breakdown Structure (WBS) you want to keep a “blind eye” toward project activities. Only after the WBS is thoroughly decomposed, do you consider the activities or efforts required to produce those WBS elements. Let’s take a closer look at this. One of the seven habits […]
Deltek Insight 2019
Deltek is holding its annual Deltek Insight 2019 conference on Nov 18-21. Deltek Insight 2019 will be a four-day celebration of Deltek’s products and solutions and attracts over 4,000 delegates from multiple industries; ranging from construction, oil & gas to health care and IT. With over 70 tracks aimed at project & program management, Deltek […]
Why You Should Use Earned Value Management (EVM)
Earned Value Management (EVM) is a systematic project management process which helps managers to measure project performance. EVM is a technique that is used to track the performance of a project against the project baseline and is very effective assuming the project baseline has been accurately calculated. Earned Value Management works by assessing work progress […]