Pinnacle Insights

One of changes from ANSI 748 A to ANSI 748 B is a new emphasis on the need for Earned Value Management requirements for Flow Down to subcontractors.  While the requirement is there, no prescription regarding tools or techniques to accomplish this is outlined.

Microsoft Office Project Server is a high end EPM tool that enables organizations to manage and direct projects and resources across the enterprise. It supports project teams in collaborating and in managing their project documentation and deliverables.

For organizations that have an existing EVMS capability and are preparing a project for an Integrated Baseline Review (IBR).

Pinnacle has created a number of EVM and EPM Process Asset Libraries (PAL) for its clients. Process Asset Libraries are new to the Earned Value and Enterprise Project Management world.

ERP and General Ledger systems like Oracle Financials play an important role in EVM Systems.  Pinnacle has implemented EVM Systems that are integrated with Oracle Financials to provide essential information for EVMS cost and performance analysis.

The DoD was the key contributor to the development of Earned Value Management (EVM) in the 1960's. The original concept was called PERT/COST. It was thought to be (and still is by some) overly burdensome to contractors who were mandated to use it.

The current contract funding levels that require DoD EVM are outlined in the bullets below. This is a simplified description of the contract EVM requirements.  A full explanation can be found here.

We see 3 levels of EVM RFP Response requirements which depend on the Government Agency involved and the size and nature of the Program or Project.