EVMS and Construction Companies
More and more construction companies are bidding on Federal contracts that require an Earned Value Management System (EVMS). To successfully win a contract you must either have an EVMS in place, or have a plan defined to implement one.
The Federal Government wants to widen the number of contractors with EVM capabilities. If you respond to an RFP with a clear plan for implementing EVMS then your odds of winning the contract will greatly increase.
Construction companies are unique in that they typically have a good foundation of project management practices and systems already in place. Most companies in other industries new to EVM do not.
However, where construction companies are lacking is in earned value terminology, specific roles, and sometimes in the integration of cost to schedule. Pinnacle’s approach for construction is to build on what you have and to get you to EVM compliancy as soon as possible and as painlessly as possible.
Pinnacle has been helping many companies across all industries large and small for over 20 years and understands the EIA-748 requirements and the cultural and technical challenges of implementing EVMS. We are pragmatic and focused on end results.
Pinnacle can quickly perform an EVMS Assessment so you understand the roadmap to implement it in your company and on your contract.
We can also help you to build an EVMS implementation plan to include in your proposals to greatly increase your odds of winning the contract as well.
Learn more about our EVM services.
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Topics: Engineering & Construction, Earned Value Management (EVM), Integrated Program Management (IPM)
By Pinnacle Management Systems, Inc.
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. Pinnacle has extensive experience implementing and optimizing enterprise-wide capabilities in all Project Management related practices.