The much awaited Earned Value Management Implementation Guide (EVMIG) has been released by the Department of Defense (DoD). It supports organizations that are implementing Earned Value Management (EVM) by offering a flexible approach with the goal of being less burdensome on the contractor. Weighing in at 103 pages, the EVMIG is detailed and comprehensive making […]
What’s So Hard About Earned Value?
Earned Value is pretty much a 5th Grade Math problem. To put it in the simplest terms, we are adding one number to the usual planned vs actual cost for a project. The number we are adding is earned value: a procedure that dollarizes the progress (percent complete) of a project. Why then does the […]
What Is Deltek Cobra?
What is Deltek Cobra? I’m often asked this questions by folks new to government contracting and Earned Value Management (EVM). Deltek Cobra is used for managing project costs, measuring performance and analyzing budgets, actuals and forecasts. In short, it is a cost engine that complements scheduling tools such as Primavera P6, Microsoft Project and Deltek […]
Are You Struggling To Get Effective Training?
Here at Ten Six, we work with Program Managers across many different industries delivering effective training. The goal is to get themselves and, their PMOs, to the next level of performance. It also puts them in a position to take on greater challenges. We sometimes have the opportunity to work with clients where they have […]
What is an Over Target Baseline (OTB)?
The Electronic Industries Alliance Standard 748 (EIA-748), Earned Value Management Systems (EVMS), defines Over Target Baseline (OTB) as “a new baseline for management when the original objectives cannot be met and new goals are needed for management purposes.” In other words an over target baseline is an agreement between the customer and the contractor to […]
What is Authorized Unpriced Work (AUW)
Authorized Unpriced Work or AUW means that a contractor has been authorized by the customer to start work on new contract scope but the budgetary details of which have not yet been negotiated. Authorized Unpriced Work Details and Examples You can think of Authorized Unpriced Work as a change management tool that is designed to mitigate […]
MIL-STD 881D Has Been Released
The MIL-STD-881D Standard is now released (April 9th, 2018) and is for use by all Departments and Agencies of the Department of Defense (DoD). The standard is for direction and should be included as a contract requirement. This Standard addresses mandatory procedures for all programs subject to DoD Instruction 5000.02. The MIL-STD-881D is a military […]
Primavera P6 EPPM and the DCMA 14-Point Assessment
It is possible in Primavera P6 Enterprise Project Portfolio Management (EPPM) to perform the Defense Contract Management Agency’s (DMCA) standard 14-Point schedule quality assessment. So, it’s not uncommon for folks to perform a DCMA 14-Point Assessment in P6. The DCMA 14-Point assessment is a rigorous assessment for inspecting the quality of project schedules. Schedules that […]
The Integrated Project Schedule
I find when I and my friends go on hikes that the longer and more complex the trail the more I study the map. This makes perfect sense. The probability of becoming disoriented when the trail is long and has many junctures and crossroads is greater. Likewise a long and complicated project definitely requires a […]
The DCMA 14-Point Assessment Baseline Execution Index (BEI)
Many project managers look to Earned Value Management (EVM) values to predict whether or not their project will complete on time and on budget. Recently, the Defense Contract Management Agency (DCMA) 14-point assessment’s Baseline Execution Index (BEI) has been popularized as a schedule completion early warning metric. One of the project manager’s major duties is […]