Enterprise EVMS - An Emerging Trend
Earned Value Management has historically been implemented on a program by program basis by Government Agencies and their Suppliers. Many organizations are now moving to implementation of EVM on an Enterprise basis. Reasons for this are cost savings and pressures from increased oversight, more contractual demands and flow-down to subcontractors.
The benefits from an Enterprise approach to EVM include reduced cost of ownership, standardization across the organization and subcontractors, and alignment between business development and program execution. Other benefits can be gained from the ability to manage programs as a portfolio and by making program managers and other skilled personnel more fungible across programs. Faster ramp up on individual programs becomes a reality as EVM tools, techniques and training become standardized.
There are some real world challenges that need to be faced by organizations moving to EEVMS . Different types of contracts, working for multiple Federal Agencies and dealing with a workforce that resists standardization must be factored into your Roadmap for implementing Enterprise EVMS.
Key factors included in a successful EEVMS Roadmap are executive sponsorship, a cross functional implementation team, strong support mechanisms and an ongoing training program. Another key element for success is having subject matter experts available to build and execute your Enterprise Earned Value Management System.
Pinnacle is one of the few companies to lead a major Aerospace and Defense contractor through a successful implementation and validation of an Enterprise Earned Value Management Systems. This implementation for Bell Helicopter has stood up to the new scrutiny that the DCMA is now applying across the industry.
Attached is a presentation that Mike Young of Pinnacle recently gave on this topic at the Deltek Insight conference.
Call us to discuss your Enterprise Earned Value Management System requirements.