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Using Earned Value Management (EVM) Performance Metrics for Evaluating EACs

May 1, 2023 Earned Value Management (EVM)

Evaluate the realism of an Estimate at Completion (EAC) in project management using the Cost Performance Index (CPI) and the TCPI.

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Benefits of an EVMS Self-Governance Process

April 6, 2023 EVMS

Contractors with a cognizant federal agency (CFA) approved or certified Earned Value Management System (EVMS) are expected to establish and execute an annual EVMS self-governance plan. Sometimes also called self-surveillance or self-assessment, the objective is the same. The contractor is responsible for establishing an internal process to ensure their EVMS, as implemented at the contract/project […]

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Maintaining a Credible Estimate at Completion (EAC)

March 7, 2023 Estimate at Completion (EAC)

Issues with a contractor’s estimate at completion (EAC) process is a common Earned Value Management System (EVMS) surveillance finding H&A earned value consultants are frequently asked to help resolve. The EAC process can become a major issue when the government customer lacks confidence in the contractor’s EAC data. Why does a credible EAC matter?  EACs […]

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Charts and EVMS Health

February 1, 2023 Earned Value Management System (EVMS)

Visual representations, like charts and graphs, allow top management to quickly assess the status of a project and make informed decisions.

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Contract Performance Example – Cost Variance Trend

January 1, 2023 EVM Training
EVM Contract Performance - Cost Variance

Managers can use cost and schedule variance trends to identify issues that could impact project completion.

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Creating a Scalable Earned Value Management System (EVMS)

December 1, 2022 EVM Consulting

Build a framework for scaling an EVMS. Create a common repeatable process and data structure.

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