Risk Analysis and Selective Controls

by Humphreys & Associates on December 15, 2021 last modified October 5, 2023

This chapter looks at how risk is evaluated when developing an Earned Value Management System.

Video Contents

You can use the links below to jump to a specific part of the video.
0:00 – A Closer Look at Risk
0:25 – Risk Drives Other Concerns
0:59 – Types of Risk
1:19 – Risk Opportunities
1:38 – Risk Analysis and Selective Controls
1:54 – Balance Cost with Benefit

More EVMS Training

If you liked this video you can purchase the entire course below. This video is an excerpt from the Department of Defense (DOD) version of this eLearning module. We also offer the same course customized for the Department of Energy’s (DOE) specific Earned Value Management (EVM) implementation/requirements, as well as a version of the course customized for NASA’s EVM implementation/requirements.  

— Purchase This 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

EVMS Document Matrix

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

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