Get your Earned Value Management System up and running quickly
If you’ve just won a project, you probably know that a compliant Earned Value Management System (EVMS) is now a part of that. Let our EVMS consulting services help you get your system set up the right way so you can focus on being proud of the results you deliver for clients.
Many organizations that we work with are implementing an Earned Value Management System (EVMS) for the first time. Government standards have driven this demand by requiring organizations bidding on government contracts to embed cost management and earned value management principles, techniques and tools into their project delivery.
How it works
Are you implementing an EVMS for the first time? We can streamline the process so your set up is efficient and done right the first time.
Are you struggling to implement Earned Value on your projects? We can help uncover the real reasons why and create a plan to address them so you start seeing the benefits.
Do you want to train staff in how to get the best from your EVMS? We deliver one-on-one training, remote and classroom courses, mentoring and coaching, working with real project data and thorough documentation including desktop process guides to support the EVMS process.
Ten Six offers EVMS consulting services and training that cover every element of a successful implementation. Wherever you are in your implementation, the Ten Six team of experienced consultants and trainers can help.
What we do
Ten Six is truly a specialist project management and EVMS consulting firm. We don’t do one-size-fits-all implementations. Our expert team will take the time to understand your business and create a tailored solution, whether you need an EVMS for a single project or are looking for enterprise implementation across programs. You’ll get a perfectly engineered, right-sized solution that you team can use to improve project performance and meet your compliance requirements.
Here are some of the key areas where our EVMS consulting services can support your team:
- Proposal support
- EVMS gap analysis
- EVMS design
- EVMS implementation
- EVMS training
- IBR preparation and review
- EVMS compliance assessment
- EVMS staff augmentation
We know that getting your EVMS set up right, the first time, can be a challenge. And yet, your business depends on it. Government standards require organizations bidding on government contracts to embed cost management and earned value management principles, techniques and tools into their project delivery. And that’s where we come in. We can help address the organizational blockers that might be stopping you from getting the most out of your EVMS and winning more business.
4 Myths about EVM
Myth #1: We don’t need EVMS for such a small/large project
Truth: Many government agencies mandate EVMS, regardless of the size of the project. Earned Value is an asset, not an overhead, and done right it adds value to any size of project. EV helps the project team establish an environment of transparency and data-driven decision-making, which is in turn ensures the project stays in control and improves project success rates and customer satisfaction.
Myth #2: EVM is too bureaucratic
Truth: EVM provides project controls that lead to better project outcomes. It doesn’t have to be bureaucratic if it is done right. However, the objectivity of an EVMS leaves nowhere to hide. Some organizations are reluctant to acknowledge the full extent of actual costs, let alone share these with Internal or Customer Management.
Myth #3: An EMVS is expensive to implement
Truth: You probably already have many of the software tools required to run an EVMS, and you don’t need a whole team to run it. Let us help you set them up the most cost-effective way so you can spend more time on proposals and win more bids. An EVMS can pay for itself in new business and in avoiding cost overruns!
Myth #4: We can’t establish the baseline early because there is too much uncertainty
Truth: Some organizations don’t want to put in the effort to do detailed planning upfront, but it is rarely impossible. EVMS allows for flexibility and change in a controlled way: it will actually help you avoid poor change management.
There are no magic wands for implementing EVMS
The truth is that EVM is usually a large and complex undertaking. It requires a team of people experienced in its implementation and it will take time to get right. You’ll need to invest time in organizational change management too. However, the benefits of investing in the work required are substantial:
- Contract compliance
- Improved accountability
- Reduced project risk
- Improved project delivery.
By combining advanced planning, baseline methods and earned value analysis, you will have better, earlier visibility into program performance than you would by utilizing non-integrated methods of planning and control.
Wood Group, a global leader in the delivery of project, engineering and technical services to energy and industrial markets, asked Ten Six to assist with their EVMS for a major program for the USAF Space Fence Program. The goal was to improve data quality and confidence in their existing implementation. The improved efficiency that stemmed from the Ten Six improvements allowed the project team to reduce monthly recurring costs tremendously and run a trouble-free EV month-end process using Deltek Cobra for another US Government program that began after Ten Six had completed their improvement plan.
Our Specialist EVMS Consulting Services
If you are responding to an RFP (Request For Proposal) that has an EVMS requirement, then we can help!
Ten Six can help your team prepare for EVM compliance and your EIA-748 EVM Certification Review. First, we review and assess your system. Second, we prepare your team for the experience of certification.
As an independent company, Ten Six enjoys the enviable position of being able to advise you on which tools will best suit your needs and your contract requirements.
Once you’ve won the bid, let us help you stay compliant by preparing for your Integrated Baseline Review with our 5-step proven process, creating Corrective Action Plans (CAPs), running a health check on your Integrated Master Schedule and guiding you through Action Plan development for Progress Assessment Reviews.
We provide guidance and education so your team can analyse EV data and read the Contract Performance Reports (CPR’s) to better understand how a project is currently performing.
Finding the right people to run your Earned Value Management System (EVMS) is a huge challenge. We provide carefully selected staff who will be an asset to your business from the moment they arrive.
“Ten Six has been a great help in assisting us in completing our EVMS procedures and helping to train and prepare the team for a future contract award. We have greatly appreciated your teams help over the past months and will continue to look to leverage your assistance in the future. Thanks again”. ~ Eric Joneson, Oshkosh Corporation
Who we work with
Ten Six Consulting has extensive experience supporting government agencies, civilian agencies and government contractors to implement practical, compliant EVM systems in an efficient way. We have worked with a complete range of clients whose customers include the Department of Defense, Department of Energy, Department of Treasury, NIH, Department of State, US Coast Guard, NASA and many more, leading EVM implementations and certifications. We have also helped many clients resolve post-certification review Discrepancy Reports (DRs) to achieve certification and prepare for compliance reviews. Our team has helped many organizations including Raytheon, Boeing, Lockheed Martin, Bechtel, Sikorsky Aircraft, Blue Origin, ATK Systems to name a few.
Ten Six is one of the leading earned value management consultancies in the United States. Our experienced and qualified consultants have been supporting organizations to establish, implement and use earned value management practices for over two decades. The Ten Six team has seen how earned value management can transform project management, providing performance management metrics that allow for greater control and higher program success rates.
We have worked in a range of industries, on implementations large and small, and we can bring that experience to your organization. Our team of experienced contractors bring their breadth of knowledge to support you grow your business and win contracts with government, military and utility firms – and any other partner that requires your team to use a compliant EVMS. Join other businesses who have chosen Ten Six to help them achieve improved project control and greater professionalism when serving their clients.
We don’t have experienced staff on the team. Can you help? Yes! We can help you recruit staff experienced with earned value management systems. Alternatively, we can train up your own team with introductory and advanced EVM training. In the short term, we offer an EVMS staff augmentation service so your business can still benefit from the EVMS until your in-house team are ready to step into their roles.
We already have an EVMS but it doesn’t feel efficient. Can you help? Yes! We can review and suggest improvements to the way your EVMS is working. Typically, when we do this for clients, we work together on implementing the changes and they see improvements in time saved, better data integrity and greater confidence in the reports.
How long can you support my project for? How long would you like? We provide implementation services to get you up and running, and we can also support your earned value management system longer term if that is the right solution for you.
Our senior management team need convincing. What can you do? We can review your business and highlight how EVMS could be implemented in a way that fits with your existing tools and processes. We provide executive level training and can show how EVMS supports the company priorities. EVMS is actually a way of preserving your company reputation because it shows you meet an industry-wide standard for project and program management.