by Humphreys & Associates | June 1, 2022 6:00 am
No project is ever without some cost variance. Whether it’s the price of materials changing or workers going over budget, costs always seem to creep up on projects. But what can you do to minimize the impact of cost variance on your project? By understanding where these costs come from and planning for them ahead of time, you can keep your project on track despite any bumps in the road. Check out this blog post for more tips on how to handle cost variance in your next project.
Cost Variance may be calculated as part of a Variance Analysis Report or while monitoring an existing contract’s performance.
Take your EVM training to the next level with our online course that is based on Humphreys & Associates’ highly regarded three-day EVMS workshop. We also offer a version of this same EVM training course customized for Department Of Defense (DOD) specific EVM requirements, as well as one designed specifically toward NASA’s EVM requirements!
— Purchase the DOD Course —
EVMS DOD Virtual Learning Lab
— Purchase the DOE Version of this Course —
EVMS DOE Virtual Learning Lab
— Purchase the NASA Version of this Course —
EVMS NASA Virtual Learning Lab
Not sure what the different requirements are between the DOE and NASA? Can’t remember if Cost and Software Data Reporting (CSDR) is required for an NSA contract? Check out our easy to read Earned Value Management Systems Document Matrix
EVMS is a comprehensive approach to project management that encompasses all aspects of a project, from inception to completion. EVMS courses from Humphreys and Associates will give you the skills and knowledge you need to successfully manage EVM projects of all sizes.
Our EVMS courses are designed for both professionals who are new to EVM and those who are looking to brush up on their skills. We offer a variety of course types, from online self-paced courses to live virtual instructor-led courses. No matter what your schedule or learning style, we have a course that will fit your needs.
Plus, our instructors are experienced EVM professionals who will guide you through every step of the process, from setting up your EVMS system to closing out your project. With Humphreys and Associates, you can be confident that you’re getting the best EVMS training available.
Our online EVMS courses are affordable and convenient, so you can get the education you need without any hassle. Plus, our courses are designed to help you learn everything you need to know about EVMS in a short amount of time.
Get started today and find the perfect online EVMS course for you.
EVM training sessions are offered throughout the year by H&A. EVMS, advanced Earned Value Management techniques, and project scheduling are all covered during these frequent public EVM workshops. These earned value education courses are ideal for anybody wanting to increase their understanding of or application of EVMS or scheduling. Our training programs are suited for individuals with various degrees.
Public EVMS Workshops are offered either in person or online. View our Upcoming EVM Workshop Schedule to find one that best suits your schedule and location.
Source URL: https://blog.humphreys-assoc.com/evm-contract-performance-cost-variance/
Copyright ©2022 Humphreys & Associates unless otherwise noted.