2025 is shaping up to be a year of big changes for Earned Value Management (EVM) within federal acquisition. While there has been a lot of speculation and uncertainty around these changes, we are beginning to see some clarity. Here are three big changes that will impact EVM on federal contracts this year.
Pinnacle Insights
Major Changes for EVMS Coming in 2025
Categories: Aerospace & Defense, Earned Value Management (EVM), Government & Public Sector, Recent Articles
Thoughts on the NDAA 2024 EVMS Changes
Categories: Aerospace & Defense, Energy, Utilities, Oil & Gas, Engineering & Construction, Earned Value Management (EVM), Integrated Program Management (IPM), Technology, Project Portfolio Management (PPM), Government & Public Sector, forProject Technology, Enterprise Project Management (EPM), Recent Articles
If you work program management on US defense contracts and have been following the National Defense Authorization Act (NDAA) for 2024, you may have noticed some modifications to Earned Value Management System (EVMS) requirements that were added to section 827 of H.R. 2670, signed by President Biden on December 22, 2023.
5 Ways to Scale Your EVMS
Categories: Aerospace & Defense, Energy, Utilities, Oil & Gas, Engineering & Construction, Earned Value Management (EVM), Integrated Program Management (IPM), Technology, Deltek PPM, Oracle Primavera, Government & Public Sector, Microsoft EPM, forProject Technology, Encore Analytics Empower, Recent Articles
Much has been written about how complicated and difficult Earned Value Management (EVM) can be, and a term that has grown in popularity in response to this perception is “EVM Lite.” One of the problems with the term “EVM Lite” is that it suggests a version of EVM that is incomplete in some way.
5 Benefits of Earned Value Management (EVM)
Categories: Aerospace & Defense, Energy, Utilities, Oil & Gas, Engineering & Construction, Earned Value Management (EVM), Integrated Program Management (IPM), Technology, Deltek PPM, Oracle Primavera, Government & Public Sector, Microsoft EPM, forProject Technology, Encore Analytics Empower, Recent Articles
Earned Value Management (EVM) is not a perfect fit for all types of projects. For example, short-term projects, low risk projects, or projects using agile development techniques may not benefit from a full Earned Value Management System (though they may still benefit from a scaled or tailored EVMS). But for most projects, where there is a risk to on-time, on-budget delivery, and where cost and schedule need to be managed, earned value management benefits the project greatly.
Earned Value Management: An Introduction
Categories: Aerospace & Defense, Energy, Utilities, Oil & Gas, Engineering & Construction, Earned Value Management (EVM), Integrated Program Management (IPM), Technology, Project Portfolio Management (PPM), Government & Public Sector, forProject Technology, Enterprise Project Management (EPM), Recent Articles
Earned Value Management (EVM) is a project performance management methodology that integrates cost, schedule, technical scope, and risk to assess progress against a baseline. Earned Value Management practitioners use the information generated by an Earned Value Management System (EVMS) to identify problems, and forecast cost and schedule at completion.
EVMS Roles and Responsibilities: Earned Value Analyst
Categories: Earned Value Management (EVM), Integrated Program Management (IPM), Technology, Government & Public Sector
This article is part of a series on the roles and responsibilities involved in performing Integrated Program Management.
EVMS Roles and Responsibilities: Master Scheduler
Categories: Aerospace & Defense, Earned Value Management (EVM), Integrated Program Management (IPM)
This article is part of a series on the roles and responsibilities involved in performing Integrated Program Management.
Highlights from the NDIA IPMD 2020 Winter Meeting
Categories: Aerospace & Defense, Earned Value Management (EVM), Integrated Program Management (IPM), Government & Public Sector
The NDIA Integrated Program Management Division (IPMD) winter meeting was recently held on January 29th and 30th. L3Harris was gracious enough to host again this year at their gorgeous High-Tech Center in Palm Bay, Florida. This meeting had a packed agenda, great turnout, and a lot of information was presented.
