Earned Value Management - Topics A-Z
Topics A-Z listing of articles and resources about the use of earned value management (EVM) by government.
- Some IT projects may have $2 billion in overruns, GAO says
- Overspending likely to increase, By Alice Lipowicz. Federal Computer Week, November 9, 2009. "The Homeland Security and Commerce departments along with NASA have the largest cost overruns among current major federal information technology projects, according to a new report from the Government Accountability Office. Overall, GAO found $2 billion in cost overruns in 16 federal IT acquisition programs with overruns or schedule slippages, or both..."
- Information Technology: Agencies Need to Improve the Implementation and Use of Earned Value Techniques to Help Manage Major System Acquisitions - GAO-10-2
- Government Accountability Office, October 8, 2009. "In fiscal year 2009, the federal government planned to spend about $71 billion on information technology (IT) investments. To more effectively manage such investments, in 2005 the Office of Management and Budget (OMB) directed agencies to implement earned value management (EVM). EVM is a project management approach that, if implemented appropriately, provides objective reports of project status, produces early warning signs of impending schedule delays and cost overruns, and provides unbiased estimates of anticipated costs at completion. GAO was asked to assess selected agencies' EVM policies, determine whether they are adequately using earned value techniques to manage key system acquisitions, and evaluate selected investments' earned value data to determine their cost and schedule performances. To do so, GAO compared agency policies with best practices, performed case studies, and reviewed documenta- tion from eight agencies and 16 major investments with the highest levels of IT development-related spending in fiscal year 2009..."
- 5 pitfalls that derail EVM success
- Avoid these early miscues to keep earned value management—and the programs it helps monitor—on track, By Alan Joch. Federal Computer Week, November 6, 2009. "No one understands better than the Federal Aviation Administration how hard it is to manage large-scale information technology projects. In a notable stretch of rough sailing, FAA officials saw their agency on the Government Accountability Office's high-risk list for 14 years in a row. 'It's not a reputation that anyone is proud of', said James Washington, FAA's chief acquisition officer..."
- Earned Value Management Still Being Ignored
- By Robert Charette. NextGov, Monday, September 8, 2008. "Back in 1996, then Under Secretary of Defense for Acquisition and Technology Paul G. Kaminski announced that he accepted the recently published industry guidelines for earned value management systems (EVMS) as replacements for the Defense Department Cost/Schedule Control Systems Criteria (C/SCSC)..."
- Top Ten Secrets of Earned Value Management
- By Robert A. Marshall. Government Technology, August 21, 2008. "This article is an excerpt from an upcoming feature, the full version of which will appear this fall in Public CIO magazine and Web site. ... Earned Value Management (EVM). This principles-oriented methodology covers the entire life-cycle of project management, helping executives to plan and execute projects successfully. Below are 10 facts CIOs should know about EVM in order to maximize the benefits of the methodology..."
- EVM: A dash of cold water
- Social Security Administration officials found that earned value management data is valuable only if it's widely shared - so they publish EVM data on the agency’s intranet, By Richard W. Walker. Federal Computer Week, July 16, 2007. "When officials at the Social Security Administration began to integrate earned value management into their project-management drill, they did something that few agencies have done. They established an EVM program management office that's become a major hub of activity..."
- EVM: Information Technology's New Safety Net
- By Joel M. Koppelman and Quentin W. Fleming. Public CIO, August 2006. "Agencies at all governmental levels are working to simultaneously modernize and consolidate IT systems, increase operating efficiencies and improve process effectiveness, which will result in the close intertwining of IT and business operations. Leaders must, at the same time, balance these objectives with their roles as good stewards of taxpayer dollars, and optimize the use of limited budgets..."
- No one-size-fits-all approach for EVM
- New FAR rule allows agencies to tailor their IT project management policies, By Josh Rogin. Federal Computer Week, July 10, 2006. "A new rule issued July 5 gives federal agencies extensive latitude in determining how and when to apply earned value management to track information technology programs. EVM policies “should be based on the particular agency facts and circumstances,” according to comments accompanying the rule’s publication in the Federal Register..."
- Acquisition councils finalize EVM rule
- By Rob Thormeyer. Government Computer News, 5 July 2006. "Federal acquisition officials finalized a rule, effective today, that details how agencies should implement an earned-value management system for managing major acquisitions..."
- EVM pilot takes closer look at system costs
- Three agencies drill down to compare legacy, new systems metrics, By Jason Miller. Government Computer News, 3 July 2006. "The Office of Management and Budget has added a new twist to earned-value management in tests at three agencies. Under a pilot program that ended in March, OMB worked with the departments of Agriculture and Housing and Urban Development and with the Environmental Protection Agency to use EVM to calculate the baseline cost of legacy systems versus the costs of implementing new applications and the potential savings from that system..."
- Making EVM matter: The complete transcript
- Federal Computer Week, June 19, 2006. "Federal Computer Week and the Association for Federal Information Resources Management recently convened a roundtable of government and industry officials to discuss earned value management and its potential in government. Here is the full transcript of that discussion..."
- Earned value management
- by Mary Pratt. Computerworld, 6 April 2006. "If your IT shop isn't using earned value management, you may want to start thinking about it. EVM, which has its roots in the U.S. Department of Defense, is moving into private industry. More important, it's coming to IT. When used properly, EVM helps team members, project managers and their bosses accurately gauge progress against an established project plan. EVM also enables teams to accurately assess where they'll be in the future, allowing managers to make key decisions on resource allocation or revisions before projects unexpectedly spin out of control..."
- Agencies see value in EVM, but struggle to cash in on it
- With deadline approaching, many will fall short of validating baselines, By Rob Thormeyer. Government Computer News, 20 March 2006. "Although the government for the most part is embracing the concept of earned-value management, some agencies are going to be hard-pressed to meet upcoming Office of Management and Budget deadlines this month..."
- EVM sounds the alarm
- Smart agencies let earned value management lead them to better program management, By Florence Olsen. Federal Computer Week, March 13, 2006. "Tim Young likes to tell audiences about being a project manager early in his career when he had a demanding boss. The boss told Young he would fire him if he couldn’t report at a moment’s notice whether projects were on schedule, on budget and within scope..."
- Framework for Developing EVMS Policy
- CIO Council, Best Practices Committee, 5 December 2005. "Abstract: Earned Value Management (EVM) is a project management control tool allowing visibility into technical, cost and schedule planning, performance and progress for major IT projects. EVM not only encourages contractors to use effective internal cost and schedule management control systems, but also provides the manager with timely and consistent cost, schedule and progress data. The implementation of an Earned Value Management System (EVMS) ensures that cost, schedule, and technical aspects of the contract are truly integrated and estimated, and actual progress of the project can be identified. OMB requires the use of an EVMS compliant with the guidelines in ANSI/EIA Standard 748 for all major IT investments with development work..."
This category last updated: 14 February 2006