Earned Value Consulting – Common Problems Found in EVMS and Recommended Corrective Actions

by Humphreys & Associates | April 15, 2020 8:00 am

Humphreys & Associates (H&A) has the opportunity to work with many kinds of clients who operate EVM Systems for all kinds of customers. We are regularly called on to help them our clients review and improve their EVMS.

H&A has identified several recurring EVMS issues and also the most common ways to prevent or correct these issues.

Common Problems in EVMS and Recommended Corrective Actions – Part 1

Video Links:

1:37 – The Estimate at Completion (EAC) is systemically out of alignment with cumulative performance with no justification

3:38 – Poor Variance Analysis and Reporting (VAR)

5:23 – Lack of Effective Subcontract Management

Read the Blog Post:

Common Problems Found in EVM Systems – Recommended Corrective Actions – Part 1

Common Problems in EVMS and Recommended Corrective Actions – Part 2

 

Video Links:

0:26 – Poor Use of the Percent Complete Earned Value Technique

3:07 – Data Integrity Issues

5:01 – Poor Scope Language in the WBS Dictionary and/or Work Authorization Documents

 

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Common Problems Found in EVMS Reviews and Recommended Corrective Actions – Part 2

Common Problems in EVMS and Recommended Corrective Actions – Part 3

Video Links:

0:15 – IMS Health Problems

3:30 –Data Item Noncompliance

5:17 –Planning Package Mismanagement

 

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Common Problems Found in EVM Systems and Recommended Corrective Actions – Part 3

Common Problems in EVMS and Recommended Corrective Actions – Part 4

Video Links:

0:16 – Misalignment between BCWP and ACWP

3:07 – Freeze Period Violations

5:00 – Failed Data Traces

 

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Common Problems Found in EVM Systems and Recommended Corrective Actions – Part 4

Common Problems in EVMS and Recommended Corrective Actions – Part 5

Video Links:

0:22 – Inappropriate use of PERT and LOE

3:55 – Misuse of Management Reserve

6:48 – Administrative Control Account Managers (CAMs) Selection

 

Read the Blog Post:

Common Problems Found in EVMS and Recommended Corrective Actions – Part 5

Source URL: https://blog.humphreys-assoc.com/earned-value-consulting-common-problems-found-in-evms-and-recommended-corrective-actions/