Earned Value Management blog by Humphreys & Associates

Roles/Responsibilities and Incentives Used to Find the Right CAM

November 1, 2018 Control Account Manager (CAM)

A Question of Incentive A question commonly asked in the industry is “how companies are incentivizing their employees to become Control Account Managers (CAMs)”. Before answering this question, it is important to fully understand what the CAM’s roles and responsibilities are. In addition, it is important to understand the what authority and accountability a CAM […]

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EVM Training – Decision Making and Charlie Munger – Tendency Toward Misjudgment – Part 4

October 1, 2018 Earned Value Management (EVM)

This is the fourth and final blog in this series about the human tendency toward misjudgment. In Parts 1, 2, and 3 we learned about Charles (Charlie) T. Munger, Vice Chairman of Berskshire Hathaway and partner of Warren Buffet, and his listing of 25 innate human tendencies toward misjudgment that we harbor. In those three […]

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EVM Training – Decision Making and Charlie Munger Tendency Toward Misjudgment – Part 3

September 3, 2018 Earned Value Management (EVM)

Tendency Toward Misjudgment – Part 3 Are Your People Being Manipulated? In part 1 and part 2 of this topic we learned about Charles (Charlie) T. Munger, Vice Chairman of Berskshire Hathaway and partner of Warren Buffet, and his listing of 25 innate human tendencies toward misjudgment that we harbor. In those two blogs we […]

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EVM: Is DCMA A Contractor’s “Friend or Foe?”

August 15, 2018 Control Account Manager (CAM)

Is DCMA A Contractor’s “Friend or Foe?” I’ll answer this provocative question now. DCMA, local and headquarters, are an EVM contractor’s “friend” with remarkable, but not unlimited, patience. When required, DCMA can become the contractor’s “tough love” friend. DCMA and the contractor share the same interests – successful contract performance. DCMA is part of a […]

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EVM Training – Decision Making & Charlie Munger – Part 2 – Tendency Toward Misjudgment

August 1, 2018 Earned Value Management (EVM)

Tendency Toward Misjudgment – Part 2 Tendency Toward Misjudgment In part 1 of this topic we learned about Charles (Charlie) T. Munger, Vice Chairman of Berskshire Hathaway and partner of Warren Buffet and his listing of 25 innate human tendencies toward misjudgment that we harbor. I went through each of the 25 “tendencies” that are […]

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EVM Training – Decision Making & Charlie Munger – Part 1

July 2, 2018 Earned Value Management (EVM)

Tendency Toward Misjudgment – Part 1 Charlie Munger and EVM Training So, what does Charles (Charlie) T. Munger, Vice Chairman of Berskshire Hathaway and partner of Warren Buffet have to do with EVM training? Decision Making. You can imagine the big-money decisions he has helped Buffett make during the many years of building up the […]

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