What’s the difference between Responsible Organization vs. Performing Organization? On any given project, there is always the conversation on who is responsible for the accomplishment of certain segments of work. During the initial planning stages (often times during the proposal) of a program you develop a Work Breakdown Structure (WBS), identifying a logical breakout of […]
DCMA’s New Data Driven Approach To EVMS Compliance Validation/Surveillance Reviews
With the new thresholds for EVMS compliance being rolled out, a new approach to how DCMA manages its Validation review workload is being rolled out as well. In the past, DCMA would perform validation and ongoing surveillance reviews on any contract exceeding $50M. Now with the new thresholds in place, DCMA will only perform validation […]
GAO Releases Schedule Assessment Guide
Just before the end of 2015 the GAO (Government Accountability Office) released its Schedule Assessment Guide: Best Practices for Project Schedules. This has been a long time in the making. It was originally started in November 2010 with a draft released in 2012 for comment. The GAO Schedule Assessment Guide develops scheduling concepts and presents […]
What is EVM Lite?
What is EVM Lite? Many folks may have heard the term EVM lite (Earned Value Management Lite), maybe through conversations with colleagues, perhaps from a web site or in online forums. Others arrive at the concept of EVM Lite as they are looking to implement more rigors on their program management and controls. However you […]
New Threshold for EV Validation
Threshold for EV Validation On September 1, 2015 the Office of the Under Secretary for Defense announced a raising of the threshold for Earned Value Management compliance validation. The new threshold for EV validation goes from $50 Million to $100 Million. The threshold for executing a compliant system remained at $20 Million. So how does […]
Managing Resources by Labor Category Or Individual?
Have you been asked the question whether to manage resources by labor category or individual? Let me open this by saying resource management is an integral part of a successful program management system, especially one that incorporates Earned Value (EV). Knowing who is working on what is extremely important for the Program Manager and the […]
Cost vs Schedule Risk Analysis for Proposals
The good folks at Barbecana shared this great article on cost vs schedule risk analysis highlighting their differences as well as the pros and cons of each. Risk plays a critical role in improving project success and ultimately profitability. Project Risk Analysis There are two important outcomes for most projects beyond the obvious scope and […]
Free Webinar – Earned Value with Primavera P6 & Deltek
Join our webinar Earned Value with Primavera P6 & Deltek Today’s enterprise tools come with so many capabilities and it’s often challenging to understand which tool is best to use to solve specific business problems. Enterprise project management and earned value management tools are no different. With the choice of products and seemingly overlapping functionality, […]
What is a CAM Notebook?
It’s not uncommon when organizations are starting to implement an Earned Value Management System (EVMS) for folks to be introduced to the term, CAM notebook. It’s something you might hear a lot during Integrated Baseline Review (IBR) training and during the first couple of months of a new project is to prepare a CAM (Control […]
Is Earned Value Going Away?
There has been a lot of talk recently about the decision by DCMA to raise the threshold for contracts requiring compliance reviews from $50 Million to $100 Million. On face value this might seem like the government is taking its foot off of the EVM pedal and loosening up requirements for contractors. I’ve even heard […]