Pinnacle Insights

There is a lot of research that identifies how poorly projects are managed. I’ve read that $99M is wasted for every $1B invested in project management.

One-third of all projects don’t meet their initial goal. So, what are some of the reasons for project failure?

In this article, I talk about five of the reasons that projects fail.

This is the first of a three-part series. 

We have all been told that time equals money. Even, time is money. But what does any of that truly mean? Time and money separately are highly debatable subjects. The combination of the two can certainly be a conundrum. However, it is my belief that in construction, A&D, or any industry really, this may as well be a law of the universe. Consider this, he or she who controls the schedule of the project, controls the cost of the project. Thus, the schedule is one of the most important documents your project(s) may ever possess. 

This article has been updated as of March 18, 2024 to provide more additional information.

The Department of Defense’s Integrated Program Management Data Analysis Report (IPMDAR) Data Item Description (DID) finalized in April of 2020 is a major change in DOD EVMS reporting. This replaces the earlier IPMR and CPR reporting requirements. 

I recently held a webinar where I spoke about three attributes that every Control Account Manager (CAM) must have to be successful. The CAM is vital to the successful delivery of on-time and on-budget projects. I often think of the CAM and project manager as similar roles, with the CAM having many of the same responsibilities of the PM but a smaller piece of the overall project.

Are you responding to an RFP that has Earned Value Management System (EVMS) certification requirements? Are you preparing to have your EVMS certified by DCMA or other Cognizant Federal Agency? An independent EVMS assessment can help you identify where the gaps for EVMS certification are, and provide you a roadmap to prepare for formal validation.

We are excited to announce our new company newsletter series that will be published throughout the coming year. 

Warrenton, VA – March 16^th, 2021 – Pinnacle Management Systems, Inc., a leader in program and project management consulting and training services, announced today that Gary Harvey will be returning to the organization in the role of Practice Leader for Enterprise Project Management (EPM) and Project Portfolio Management (PPM) services.  

Warrenton, VA – March 8^th, 2021 – Pinnacle Management Systems, Inc., a leader in program and project management consulting and training services, is pleased to announce that they have been awarded a General Services Administration (GSA) Multiple Award Schedule (MAS) contract.