Pinnacle Insights

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.

Original post - October 05, 2009

A new Bill in Congress will radically alter the Earned Value Management landscape.

Deltek MPM has been one of the most successful applications for Earned Value Management. There are many MPM implementations across many industries.  MPM has been marketed and implemented as a single-program, standalone system with little configuration or tailoring.  

Deltek MPM is Deltek's cost engine for stand alone programs. Historically Deltek MPM has been implemented in a standalone mode, without direct integration with scheduling systems or financial systems.  MPM typically has not been delivered with any integrated training or EVMS processes to support the various roles involved in Earned Value Management and Project Management.

Deltek CostPoint is a fully functioned Enterprise Resource Planning (ERP) software solution for mid-sized, project-oriented businesses. It includes software for Financial, Manufacturing, Human Resources, Purchasing, Regulatory Compliance and Business Performance.

The Scheduling Engine in an Earned Value Management System (EVMS) holds and is used to maintain the baseline and current schedule for the project.  The project schedule is often used as the basis for estimating and forecasting the resources required for the project.