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EVMS compliance: Material Transfers and Loan/Paybacks

March 25, 2015 Actual Cost of Work Performed (ACWP)

Earned Value Management System (EVMS) compliance | Material Transfers and Loans/Paybacks In a high rate production environment, it is not unusual for different Contract Lot Buys to have demands for the same required parts. Circumstances driven by delivery schedules, fee incentives, national priorities, or quality issues will prioritize the demand for these common parts. Companies […]

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Humphreys & Associates Joins Project Management Institute’s Registered Consultant Program

January 9, 2015 EVMS
EVMS Consultants: Humphreys & Associates

Humphreys & Associates Joins Project Management Institute’s Registered Consultant Program Online Project Management resource helps organizations connect with consulting firms IRVINE, Jan. 09, 2015 — Humphreys & Associates today announces that it has joined the Project Management Institute’s (PMI) Registered Consultant Program, an online resource that provides organizations with the convenience of accessing a PMI-maintained […]

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EVM: The IPMR and Subcontract Flowdown

November 12, 2014 EVM Advanced Concepts

EVM Contractors, EVM Subcontractors, IPMR & Flowdown For decades government EVM project managers performed the task of integration of all prime and subcontractor performance and the associated data on a project. In the late 1960s things changed. The U.S. Federal Government mandated that the prime contractor become the integrator of the performance and the data. […]

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Using the Same Rate for BCWS and BCWP

November 6, 2014 Actual Cost of Work Performed (ACWP)

Earned Value Management project managers debate BCWS and BCWP rates in common budget-costing EVMS data elements. For Actual Cost of Work Performed (ACWP), it is fairly obvious as the most recently approved actual rates may be applied.

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