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Is it OTB/OTS Time or Just Address the Variances?

August 1, 2014 Actual Cost of Work Performed (ACWP)

No project manager and project team ever wants to go through an Over Target Baseline (OTB) or Over Target Schedule (OTS).  The idea of formally reprogramming the remaining work and adjusting variances at the lowest level can be daunting and extremely time consuming. As painful as an OTB/OTS is, a project manager must first determine […]

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Schedule Health Metrics

July 18, 2014 Integrated Master Schedule (IMS)

What are Schedule Health Metrics? At the heart of every successful Earned Value Management System (EVMS) is a comprehensive Integrated Master Schedule (IMS) that aligns all discrete effort with a time-phased budget plan to complete the project.  As such, the IMS must be complete and accurate to provide the necessary information to other EVMS process […]

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Earned Value and Negative Float

July 9, 2014 Earned Value

Quick.  What do Bankers, Ship Captains and Program Managers have in common?  Answer: They all want to address negative float issues in a timely manner. While those of us working in program management are not concerned so much with a ship’s ability to stay afloat or financial maneuvers, we should be concerned with earned value […]

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Reviewing Authority Data Call – Not Just a Wish List

June 20, 2014 Compliance

Data Call One of the most important items needed to prepare for an Earned Value Management System (EVMS) review is the data call. This is not just a list of random data; the reviewing authorities have a defined set of data items they want to review so they can evaluate the EVMS implementation and compliance. […]

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

June 6, 2014 Corrective Action Request (CAR)

Part 5 of this series includes: Inappropriate use of PERT and LOE; Misuse of Management Reserve; Administrative Control Account Managers.

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

May 23, 2014 Corrective Action Request (CAR)

In Common Problems in EVMS part 4 we review: Misalignment between BCWP and ACWP, Freeze Period Violations, Failed Data Traces. Learn to identify and resolve these issues.

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