This article is part of a series on the roles and responsibilities involved in performing Integrated Program Management. Other articles included in this series are:
At the heart of every Earned Value Management System (EVMS) is an Earned Value (EV) Analyst. The EV Analyst is primarily responsible for processing cost and schedule data in order to calculate and analyze program performance. Some organizations may refer to this role as a Program Analyst, Program Controls Analyst, or Cost/Schedule Analyst. Sometimes the duties are performed by a Financial Analyst who has other financial responsibilities for the program or organization as a whole. Regardless of the title, or other responsibilities, the EV Analyst role is typically required to do much of the following to keep the EVMS functioning properly.
When setting up a new EVMS, the EV Analyst will provide a lot of input into the initial configuration of the system. If your organization uses an EVMS cost engine, such as Deltek Cobra or EVMS forProject, the EV Analyst is likely to be responsible for maintaining and updating certain configuration elements of the system, such as:
If your organization uses an EVMS cost engine, the EV Analyst will be the primary user of that tool, processing monthly, or weekly in some cases, program performance data. Operating the EVMS cost engine may include:
An EV Analyst is not just the operator of the tools. A good EV Analyst has a deep understanding of program performance KPIs, including earned value data analysis. The EV Analyst assists the Program Manager and Control Account Managers with analyzing and interpreting performance data and understanding what it means for the program.
The EV Analyst also performs a critical role in ensuring the EVMS is being used in a manner that is compliant with industry best-practices, company standards, and contractual requirements. As the gatekeeper of the official cost and schedule data, the EV Analyst does several things to ensure compliance and adherence to the company’s System Description, such as:
A good EV Analyst is a master of analyzing program performance and understanding how to use earned value-based metrics and trends to provide valuable insight about program execution. An EV Analyst should be familiar with the roles and responsibilities of everyone who participates on the program and often orchestrates participation from other team members in providing data for the EVMS. On some smaller programs, an EV Analyst and Master Scheduler roles are performed by the same person – quite an impressive job!
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Michael is President of Pinnacle Management Systems. Since joining the company in 2000 he has performed in a variety of consulting and management roles affecting transformative change within federal agencies and suppliers, IT organizations, Engineering & Construction, Aerospace, Finance and other industries that desire to improve project and program performance. Michael is a Microsoft Certified Professional and certified Primavera trainer and consultant. He is also an AACE certified Earned Value Professional (EVP) and APMG certified trainer for IPPM. He currently serves as Dean of Scheduling for the College of Performance Management (CPM) and is an active participant with the NDIA Integrated Program Management Division (IPMD) and the Civilian Agency Industry Working Group (CAIWG). As part of his contribution to the industry, he helped author the NDIA EVMS Scalability Guide.
Founded in 1993, Pinnacle provides a wide range of professional services through 4 primary service lines: Management Consulting, Technology Systems Implementation, Training & Education, Functional Fulfillment. We have extensive experience implementing and optimizing enterprise-wide capabilities in all Project Management related practices.
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