A Brief Introduction to EVM Earned Value Management is the key to unlocking the door to a plethora of project status metrics is earned value, which is a way of placing a value on the progress of work achieved. But how is earned value specified? Much in Earned Value Management (EVM) hinges on the monetized […]
How To Secure Team Support for EVM
EVM (Earned Value Management) is a tried-and-tested way of managing project performance. But it has a reputation for being difficult to implement and hard to manage. If you’ve made the decision to implement Earned Value Management for project monitoring in your business, you’ll need to overcome a degree of healthy skepticism from your project management […]
5 Pre-Requisites for Earned Value On Projects
If you’re considering Earned Value (EV) as a way to develop better project governance, then you’ll know what an undertaking it is to shift the organizational mindset towards that way of working. Even when you have buy-in at the top levels, you still need to embed a different way of managing projects in the teams […]
The Negatives of Positive Lag
Do you use positive lag? Scheduling guidelines like the Defense Contract Management Agency (DCMA)’s 14 point assessment will fail a schedule of any negative lags (or leads) are found: effectively banning their use entirely. In addition, to DCMA the Naval Facilities Engineering Command (NAVFAC) baseline checklist prohibits negative lags in schedules. This sentiment is also […]
Webinar – Improving Project Performance Through Process Redesign
Webinar – Improving Project Performance Through Process Redesign. Join our free 60 minute webinar to learn how to use process design/redesign to ensure successful project outcomes. As a program or project manager you know that Productivity and Quality are main drivers for determining if you can successfully meet your schedule/budget and quality/system-performance objectives. Processes need […]
Make Life Easier By Managing Both The Project And The Process
Processes Need To Be Managed Manage both the project and the process. In our blog Address Project Processes & Improve Project Performance, we discussed how to calm the storm by improving project processes. Our clients have experienced an end to cost overruns, schedule delays, and customer frustration through the application of process improvement to project […]
Address Project Processes & Improve Project Performance
Calming The Storm: Improve Project Performance by Addressing Project Processes How frequently do your projects have risk of, or experience, cost overruns, schedule delays, and customer frustration? How much time each week do you spend updating schedules, justifying delays and negotiating budget extensions? These activities can start to feel like a way of life, but […]
DCMA 14-Point Assessment and the Critical Path Length Index
The Defense Contract Management Agency’s (DCMA) Critical Path Length Index (CPLI) is a forward looking gauge of the efficiency required to complete a major milestone on-time, most likely the project deadline. Let’s take a closer look at this interesting metric. The DCMA missed tasks assessment discussed in a previous article is an early warning alert […]
DCMA 14-Point Assessment and Resources
Is your schedule properly resourced according to the Defense Contract Management Agency (DCMA)? The DCMA resource assessment inspects how well your schedule is resource loaded. The DCMA resource assessment is somewhat variable. Resource loading a schedule is not always specifically required except in integrated earned value management systems and sometimes as a contractual stipulation. Schedules, […]
DCMA 14-Point Assessment and the Critical Path Test
DCMA 14-Point Assessment and the Critical Path Test. Quality schedules have a continuous critical path from the project start milestone to the project finish milestone. It may, however, be difficult to perceive that your critical path is truly unbroken when you have a vast number of activities and, possibly, activity constraints. How can one be […]