Pinnacle Insights

This article was originally published on the Deltek website on 09/11/2024. It has been re-published with permission.

Earned Value Management (EVM) is a powerful project management technique that integrates project scope, time and cost data to assess project performance and progress. One of the critical components of EVM is the establishment of earned value reporting thresholds, which serve as indicators for when corrective measures are necessary. This blog will delve into the concept of earned value reporting thresholds, explore how they are established and highlight the importance of considering both the time dimension and the significance of project activities.

Keeping projects on track and within budget is crucial for any organization. Earned Value Management (EVM) is a proven method that helps you stay on top of your project's scope, schedule, and costs. However, crunching numbers and generating reports manually can be time-consuming and prone to errors. That's where Earned Value Management (EVM) software comes in. These tools automate tedious tasks and provide the insights you need to make informed decisions.

In this article, we'll explore some of the most popular EVM software options that we typically see when working with our clients. We will also break down some key features to help you begin your search for the right tool for your organization.

Thank you to all of the students who submitted essays for our 2023/2024 Project Management Scholarship. The topic this year was

"How do you think artificial intelligence will best benefit the project management industry in the next 5 years? What risks do you see with artificial intelligence for project management?"

Congratulations to our 3 winners, whose essays we are excited to showcase in a three-part article series. Third up is Aiden McMahon. Please enjoy Aiden's essay below.

Thank you to all of the students who submitted essays for our 2023/2024 Project Management Scholarship. The topic this year was

"How do you think artificial intelligence will best benefit the project management industry in the next 5 years? What risks do you see with artificial intelligence for project management?"

Congratulations to our 3 winners, whose essays we are excited to showcase in a three-part article series. Second up is Alexandra Rivera. Please enjoy Alexandra's essay below.

Thank you to all of the students who submitted essays for our 2023/2024 Project Management Scholarship. The topic this year was

"How do you think artificial intelligence will best benefit the project management industry in the next 5 years? What risks do you see with artificial intelligence for project management?"

Congratulations to our 3 winners, whose essays we are excited to showcase in a three-part article series. First up is Arjun Ramesh. Please enjoy Arjun's essay below.

This article was originally published on the Unanet website on 05/11/2023. It has been re-published with permission.

Are you preparing to respond to the GSA OASIS+ RFP? You may have noticed references to an Earned Value Management System (EVMS) at multiple points throughout the package.  

While the government does not require an EVMS for a contract award, it may be necessary to execute some task orders. Organizations with an existing EVMS may have an advantage over those without one.

Read on to learn more about what an EVMS is, what you will need to have in place to sustain one, and EVMS requirements specific to the Oasis+ RFP.  

We are incredibly excited to share the news that Pinnacle is marking a momentous occasion this year - our 30th anniversary.