In the first article in this series Who Should Be The Control Account Manager (CAM) for Direct Material? I discussed how material is handled in an Earned Value environment, and addressed some of the key underlying assumptions.
Pinnacle Insights
What is the Most Appropriate EV Method for Material?
Categories: Aerospace & Defense, Energy, Utilities, Oil & Gas, Earned Value Management (EVM), Integrated Program Management (IPM), Government & Public Sector
Who Should Be the Control Account Manager (CAM) for Direct Material?
Categories: Aerospace & Defense, Energy, Utilities, Oil & Gas, Earned Value Management (EVM), Integrated Program Management (IPM), Technology, Deltek PPM, Government & Public Sector, Microsoft EPM, forProject Technology
When Earned Value is applied to Government sponsored programs via the EIA-748 guidelines, all program resources must be accounted for in the EV data elements. These include direct labor, materials and subcontracts as well as applicable indirect costs.