Earned Value Management (EVM) has been evolving as a valuable project management tool formally since the 1950s
Ronald Scott Brunton
Yet, adoption within the commercial world has been slowed by many factors; some due to a lack of knowing what EVM has to offer and some to do with how EVM has been attempted to be deployed.
EVM can be applied and be equally effective within the commercial sector; just as it has already been when applied to government projects.
This presentation will place EVM within the context of a maturing enterprise looking to understand what EVM is, what it can do, what it is not, and how to discuss a ‘tailored’ implementation.
The discussion will introduce how Earned Value is incorporated within the PMBOK®, within the project management methodology and how to ‘speak’ about the values delivered by EVM in terms of objective Technical Performance Measures.
Register for this webinar with Ronald Scott Brunton
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Would diving into the unknown with Earned Value Management (EVM) seem like a scary proposition for your organization?
The good news is that there are guiding principles that can increase the probability of successful deployment of EVM. Earned Value Management (EVM) is a central business process capable of delivering insight into cost and schedule performance that, when applied as a project control factor, lead to more effective and efficient program management results.
Being able to establish clear alignment with corporate objectives and existing competing initiatives, and establishing a roadmap that delivers incremental and tangible results will bring provide the needed foundation to make the EVM initiative a success.
During this presentation, guiding principles will be shared to relate front-end project management processes to important experiences of EVM adoption.
Details and Registration for PMI Members
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A PMI Government community of pratice webinar
23 January • 12-1 pm EST / 18:00 CET/France
This case study covers the methods, tools, and techniques used to implement Kanban, Scrum, and SAFe on both O&M (Operation & Maintenance) and New Development projects. We cover the metrics used and the results after more than a year of operating under Agile. Changes were needed in contract language, deliverables, schedule milestones, Earned Value measures, and stakeholder expectations.
Phil Magrogan is a Portfolio Program Manager for the GSA Federal Acquisition Systems and David Larrimore is the Branch Chief responsible for the General Service Administrations (GSA), Federal Acquisition Service’s (FAS) new enterprise data warehouse.
Plan, control and measure progress of your projects more effectively.
Earned Value Management (EVM) is a project control process based on a structured approach to planning, cost collection and performance measurement. It facilitates the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement.
APMG’s Earned Value certifications equip individuals with the knowledge and best practices to enhance ability and outcomes in this important discipline.
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PMI’s International Development CoP with Suffyan Bashir, PMP
31 July 2014 • 7-8 AM EDT (13:00 CET/France)
Multilateral and international development organizations have been heavily criticized by governments and donors for not realizing expectations due to lack of accountability leading to corrupt practices, waste of resources, bureaucracy and poor service delivery. This trend has continued to plague development in the third world for decades, according to evaluations conducted on previous projects and programmes.
Many of the existing programming and monitoring tools used by development organizations do not have built-in mechanisms for highlighting shortcomings, discrepancies and financial irregularities and hence cannot effectively expose mismanagement or corrupt practices.
Although Earned Value (EV) has been utilized mainly as a performance measurement tool in the corporate world, it may possibly be employed in development programmes as a tool for accountability and highighting mismanagement of financial resources. The first challenge will be to identify and establish the appropriate EV tools that can be employed within the context of development programmes bearing in mind that development results and outcomes are not expressed as benefits in financial terms. We will then explore a couple of scenarios whereby I will demonstrate how to apply EV in monitoring and controlling development projects to ensure better accountability of project team members while also ensuring funds are not misused.
It is important to recognize that EV alone will not be sufficient to resolve financial mismanagement or wipe out corruption. It must be part of a broader framework that includes various programming, monitoring and auditing techniques that collectively strengthen accountability, enforce regulations and develop business processes that will reduce or greatly minimize illicit financial practices in development projects.(1
The College of Performance Management (CPM) has announced the Workshop line-up for EVM World 2014.
Leaders from the Department of Defense, NASA and Industry will present hands-on workshops and informational updates on the latest developments in earned value management and integrated project performance measures. Workshops will take place from Wednesday, May 21st to Friday, May 23rd in San Antonio, Texas. More information can be found here.
EVM World 2014 Workshop is a chance to learn about project performance techniques, including earned value management (EVM). The workshop provides training, current topics from practicing professionals, access to world leaders in project performance management, networking, and the latest in software and consulting to make your program successful.
If you are new to the field, these sessions will help you gain a better understanding of the fundamentals of earned value management (EVM) and its practical applications and benefits. If you are an experienced veteran, the conference will help you stay abreast of new developments and give you a chance to impact evolving trends–your input just might make the difference. Join us to …
- Update your skills with the latest earned value management (EVM) trends, tools, and techniques
- Learn through training, practice symposia, as well as workshops
- Earn15 PDUs (for PMPs)
- Network with earned value professionals from around the world
PMI’s Scheduling Community of Practice event with Pradip Mehta
11 December 2013 • 11 AM – 12 PM EST (17:00 CET/France)
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Pradip Mehta, a renowned and internationally recognized speaker on Earned Value, will deliver a light hearted and humorous presentation with real world examples and case studies on the use and abuses of an earned value system.
He will address a few streamlined approaches to get the most out of implementing earned value on both small as well as large projects. He will also examine different elements that play an important role in determining how effective earned value will be for you in your particular application.
A case study will illustrate some of the dangers and pitfalls of the « strict » interpretation of variance data related to earned value.
The EVA conference recognises Earned Value as the best way to integrate cost and time and the best way to monitor status and inform management for decision making.
EVA is a conference organised by a project management practitioner for project management practitioners and stakeholders.
The material is delivered, wherever possible by practitioners who actually have the experience of doing the job.
- It focuses on the technical when it is cutting edge.
- It emphasises people skills.
- It illustrates with examples from the biggest most complex projects on the planet.
- It is mostly concerned with managing change and making it work. Bridging the knowing-doing gap.
- It recognises the plurality of views about projects and welcomes input from unusual, unknown or unexpected directions.
- It is great for networking.
- It is not in thrall to its sponsors and yet remains on very good terms with them and welcomes their continued support.
- It recognises that women do project management too. And very well!!
- It remains fiercely independent and is attended by people who want to be there.
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