Risk Areas to Highlight Are you preparing for an Integrated Baseline Review (IBR)? The IBR process is part of making sure your program is compliant with earned value management standards and that there is a robust baseline against which to track performance. It’s also an exercise in risk identification. In fact, we’d go as far […]
7 Benefits of the IBR Process
The IBR process (Integrated Baseline Review) is a robust process that enables program managers to set up the Performance Measurement Baseline (PMB) in a way that can be relied on. The PMB is crucial for measuring performance through the life of the project and for gaining an understanding of program risk. The baseline review is […]
Root Cause Analysis for Corrective Action Request
Root Cause Analysis Receiving a Corrective Action Request (CAR) is common for teams working in an earned value management environment. Government contractors and other project teams working on large scale projects where EV certification is necessary will find that CARs come across their desk from time to time. We’ve written before about how to respond […]
The Earned Value Graph Explained
Have you seen those line graphs that are created from earned value management systems? They might look confusing but they are actually pretty simple to read once you know what they show. In this article, we’ll look at two earned value graph examples and explain what they are telling you in terms of project performance. […]
EVMP Forum 2022
The EVMP Forum 2022 (Earned Value Management Practitioners Forum), in association with the Federal Publications Seminars (FPS), will hold their annual Forum on October 26th and 27th 2022. In its 12th year, the EVMP Forum 2022 will hold its two-day training workshop on the top two floors of the UVA Darden Conference Center in Arlington, […]
3 Earned Value Indices You Should Know
Important Earned Value Indices One of the most math-heavy parts of leading projects is earned value management. Fortunately, the right software tools will do the calculations for you, drawing together data points from various systems and preparing a summary report. However, as a project manager, sponsor or client, you still need to know what that […]
What causes variance on projects?
Do You Know the Cause of Variance on Projects? Projects start with a plan. The team begins the work and then something happens… you start reporting a variance against the original baseline. While we all know that sometimes plans shift and the team has to accommodate that, what’s really helpful is understanding why variance on […]
How to Get Ready for an Integrated Baseline Review (IBR)
This is the situation many of our clients find themselves in: You’ve received notification of an upcoming Integrated Baseline Review (IBR). And you’ve only got a couple of months to prepare for it. Many organizations find the IBR timescale a challenge: typically, IBRs occur between 90 and 180 days after contract award and represent one […]
What is Earned Value Management
Have you been asked to look into earned value management for your organization in advance of bidding for a government contract? You’re in the right place. In this article, you’ll learn what is earned value management and how you can use it for your projects. We’ve put together a US contractor’s guide covering earned value […]
Earned Value vs Revenue: What You Should Know
Earned Value vs Revenue: What You Should Know Sometimes we’re asked about earned value vs revenue: what are the differences and how they are used in project management. In this article, you’ll learn about earned value vs revenue and what they mean for your project. First, earned value. This is a topic that we’ve written […]