Earned Value Management (EVM) as an Oversight Tool for Major Capital Investments

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Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis Earned Value Management (EVM) as an Oversight Tool for Major Capital Investments by : Clinton T. Brass

Download or read book Earned Value Management (EVM) as an Oversight Tool for Major Capital Investments written by Clinton T. Brass and published by . This book was released on 2007 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Crs Report for Congress

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Publisher : BiblioGov
ISBN 13 : 9781295246137
Total Pages : 26 pages
Book Rating : 4.2/5 (461 download)

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Book Synopsis Crs Report for Congress by : Congressional Research Service: The Libr

Download or read book Crs Report for Congress written by Congressional Research Service: The Libr and published by BiblioGov. This book was released on 2013-11 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on a technique -- earned value management (EVM) -- for overseeing the cost, schedule, and performance of major capital investments during the investment process (e.g., information technology systems, structures, weapons systems). EVM provides metrics to help inform assessments of whether capital investments are "on track" from three perspectives: the investment's planned cost, time schedule, and functionality. Variance from a project's planned cost, schedule, and functionality might occur due to the inherent complexity and uncertainty of a project, poor planning or implementation, or, sometimes, simply bad luck. Although EVM attempts to address several significant monitoring and evaluation issues, other evaluation techniques are typically necessary in order to understand why variance from the planned cost, schedule, or functionality might be occurring. In addition, other evaluation methods are typically more useful in assessing other significant questions, such as whether a project is worth undertaking (or continuing) and, after the investment process is completed, whether an investment might be having an impact on achievement of an agency's mission or the success of a public policy, compared with what would have happened without the investment. EVM may be of increasing salience in executive branch practices and, implicitly or explicitly, in presentations to ...

Earned Value Management (EVM) as an Oversight Tool for Major Capital Investments

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Earned Value Management (EVM) as an Oversight Tool for Major Capital Investments by :

Download or read book Earned Value Management (EVM) as an Oversight Tool for Major Capital Investments written by and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The duties included a requirement for agencies to provide the means for senior management personnel of the executive agency to obtain timely information regarding the progress of an investment in an information system, including a system of milestones for measuring progress, on an independently verifiable basis, in terms of cost, capability of the system to meet specified requirements, timeliness, [...] The criteria included, along with two others, (1) the establishment and validation of a performance measurement baseline with clear cost, schedule, and performance goals;13 and (2) the management and measurement of projects to within 10% of baseline goals through the use of an earned value management system compliant with the ANSI standard cited in Circular A-11. [...] Due to the substantially public nature of the budget process, the metrics will similarly be presented either implicitly or explicitly to the public at large, some of whom play a significant role in the budget process through provision of information and opinions to elected officials. [...] Stated differently, work unit A has earned the full functionality that was planned, and the work unit and overall project are, therefore, credited with $10 of value that has been earned for purposes of work unit A. Looking across the table, one sees similar situations with work units B, C, and E. In each case, the functionality that was planned for these work units has been successfully and fully [...] For each work unit, the table compares the value of the functionality that was successfully delivered (earned value, which was discussed above) with the amount of money that was actually spent to achieve that functionality (actual cost, the first of the two new metrics).29.

Administration Efforts on Line-by-line Budget Review

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Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.:/5 (55 download)

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Book Synopsis Administration Efforts on Line-by-line Budget Review by : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations

Download or read book Administration Efforts on Line-by-line Budget Review written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2013 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Administration Efforts, ... Serial No. 112-92, October 5, 2011, 112-1 Hearing, *

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Publisher :
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Administration Efforts, ... Serial No. 112-92, October 5, 2011, 112-1 Hearing, * by :

Download or read book Administration Efforts, ... Serial No. 112-92, October 5, 2011, 112-1 Hearing, * written by and published by . This book was released on 2013 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Project Oversight Guide

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Publisher : Universal-Publishers
ISBN 13 : 1627343520
Total Pages : 254 pages
Book Rating : 4.6/5 (273 download)

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Book Synopsis The Project Oversight Guide by : Herbert Marshall Jr.

Download or read book The Project Oversight Guide written by Herbert Marshall Jr. and published by Universal-Publishers. This book was released on 2022-01-15 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you are a project manager tasked with overseeing an outsourced capital project or an owner investing in a major project critical to the future of your business, you are most likely starting at a disadvantage. A savvy contractor's project team is likely to be populated with project management professionals who have read an abundance of literature on how to maximize project value for themselves. Unfortunately, as any book search will show you, there is virtually no guidance out there for how to successfully oversee a capital project from an owner's perspective. In project management terms, the client or owner is just a "managed external stakeholder." The book is intended to bridge the gap between knowing how to run a project and knowing how to oversee one. Readers of the POG will find out that project oversight and project management are uniquely different disciplines. Bad project oversight can make an otherwise good project fail, whereas good oversight can lead a substandard project team or contractor to succeed in delivering the expected return on investment. Did you know that, when done right, project oversight more than pays for itself? By reading the POG, students of project management, project management professionals, and owners will gain insight into all facets of the oversight of capital projects, including tools and techniques, organizational design, best practices, behaviors, and processes. The POG packages this information in an examples-based look-see at real situations and lessons learned from the field. WORDS OF PRAISE and REVIEWS The Project Oversight Guide is a much needed and significant addition to project management literature. Well done! --Robert Brese, Former CIO, Department of Energy The framework in The Project Oversight Guide drives project performance to a "win-win" outcomes for owners and contractors! --Kelly Powers, President, Williams Industrial Services If you read this book, it will surely improve the prospects for your capital projects ending in a more predictable and successful outcome. --Cliff Eubanks, 36-year Oversight Senior Executive

The Coast Guard's Integrated Deepwater System

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Publisher :
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Coast Guard's Integrated Deepwater System by : United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Coast Guard and Maritime Transportation

Download or read book The Coast Guard's Integrated Deepwater System written by United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Coast Guard and Maritime Transportation and published by . This book was released on 2007 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Quality Control Review of the Department of Transportation's Implementation of Earned Value Management and Security Cost Reporting

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Publisher : DIANE Publishing
ISBN 13 : 1437917348
Total Pages : 45 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Quality Control Review of the Department of Transportation's Implementation of Earned Value Management and Security Cost Reporting by : Rebecca C. Leng

Download or read book Quality Control Review of the Department of Transportation's Implementation of Earned Value Management and Security Cost Reporting written by Rebecca C. Leng and published by DIANE Publishing. This book was released on 2009-12 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report summarizes the results of the Office of Inspector General¿s audit of the Dept. of Transportation¿s (DoT) implementation of earned value management, and the supportability of estimated security costs for major information technology (IT) investments. The DoT requested about $2.4 billion for 46 major IT investments in its FY 2009 budget submission, including about $116 million in security funding. Charts and tables.

Achieving Project Management Success in the Federal Government

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Publisher : Berrett-Koehler Publishers
ISBN 13 : 1523097221
Total Pages : 217 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis Achieving Project Management Success in the Federal Government by : Jonathan Weinstein

Download or read book Achieving Project Management Success in the Federal Government written by Jonathan Weinstein and published by Berrett-Koehler Publishers. This book was released on 2010-02 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gain Valuable Insight into the Government's Project Management Best Practices! Although project management is not new to the federal government, the discipline has taken on renewed importance in the face of the ever-increasing size, complexity, and number of mission-critical projects being undertaken by every branch and agency. This book addresses the key facets of project management, from organization and structure to people and process. A variety of government entities share their best practices in areas including leadership, technology, teams, communication, methodology, and performance management. Based on research and interviews with a wide range of project managers, Achieving Project Management Success in the Federal Government presents a realistic cross section of the project management discipline in the largest single enterprise in the world—the U.S. federal government.

Information Technology

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Publisher : DIANE Publishing
ISBN 13 : 1437926797
Total Pages : 85 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Information Technology by : David A. Powner

Download or read book Information Technology written by David A. Powner and published by DIANE Publishing. This book was released on 2010-10 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: In FY 2009, the fed. gov¿t. planned to spend $71 billion on information technology (IT) investments. To more effectively manage such investments, agencies were directed to implement earned value management (EVM). EVM is a project management approach that provides objective reports of project status, produces early warning signs of impending schedule delays and cost overruns, and provides unbiased estimates of anticipated costs at completion. This report assessed selected agencies' EVM policies, determined whether they are adequately using EVM techniques to manage key system acquisitions, and evaluated selected investments' EVM data to determine their cost and schedule performances. Charts and tables.

Cost and Value Management in Projects

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Publisher : John Wiley & Sons
ISBN 13 : 1118174186
Total Pages : 256 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Cost and Value Management in Projects by : Ray R. Venkataraman

Download or read book Cost and Value Management in Projects written by Ray R. Venkataraman and published by John Wiley & Sons. This book was released on 2011-08-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Federal IT Capital Planning and Investment Control

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Publisher : Berrett-Koehler Publishers
ISBN 13 : 1523096039
Total Pages : 401 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis Federal IT Capital Planning and Investment Control by : Thomas G. Kessler

Download or read book Federal IT Capital Planning and Investment Control written by Thomas G. Kessler and published by Berrett-Koehler Publishers. This book was released on 2008-03 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reduce risk and improve the overall performance of IT assets! Federal IT Capital Planning and Investment Control is the first book to provide a comprehensive look at the IT capital planning and investment control (CPIC) process. Written from a practitioner's perspective, this book covers a range of topics designed to provide both strategic and operational perspectives on IT CPIC. From planning to evaluation, this valuable resource helps managers and analysts at all levels realize the full benefits of the CPIC process. •Explore the full range of IT investment principles and practices •Learn CPIC project management techniques including earned-value management, integrated baseline review, cost-benefit analysis, and risk-adjusted cost and schedule estimates •Identify strategies to improve how your organization manages its IT portfolio and selects, controls, and evaluates investments •Discover how to leverage scarce IT resources and align investments with program priorities •Benefit from the in-depth coverage—excellent for the experienced as well as those new to the CPIC process

Earned Value Project Management

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Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Earned Value Project Management by : Quentin W. Fleming

Download or read book Earned Value Project Management written by Quentin W. Fleming and published by . This book was released on 2000 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earned value is a project management technique that is emerging as a valuable tool in the management of all projects, including and, in particular, software projects. In its most simple form, earned value equates to fundamental project management. This is not a new book, but rather it is an updated book. Authors Quentin Fleming and Joel Koppelman have made some important additions. In many cases, there will be no changes to a given section. But in other sections, the authors have made substantial revisions to what they had described in the first edition. Fleming and Koppelman's goal remains the same with this update; describe earned value project management in its most fundamental form, for application to all projects, of any size or complexity. Writing in an easy-to-read, friendly, and humorous style characteristic of the best teachers, Fleming and Koppelman have identified the minimum requirements that they feel are necessary to use earned value as a simple tool for project managers. They have also witnessed the use of simple earned value on software projects, and find it particularly exciting. Realistically, a Cost Performance Index (CPI) is the same whether the project is a multibillion-dollar high-technology project, or a simple one hundred thousand-dollar software project. A CPI is a CPI ... period. It is a solid metric that reflects the health of the project. In every chapter, Fleming and Koppelman stick with using simple stories to define their central concept. Their project examples range from peeling potatoes to building a house. Examples are in rounc numbers, and most formulas get no more complicated than one number divided by another. Earned Value ProjectManagement--second edition may be the best-written, most easily understood project management book on the market today. Project managers will welcome this fresh translation of jargon into ordinary English. The authors have mastered a unique early-warning signal of impending cost problems in time for the project manager to react.

Departments of Transportation, and Housing and Urban Development, and Related Agencies Appropriations for 2009

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Publisher :
ISBN 13 :
Total Pages : 1882 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Departments of Transportation, and Housing and Urban Development, and Related Agencies Appropriations for 2009 by : United States. Congress. House. Committee on Appropriations. Subcommittee on Transportation, Housing and Urban Development, and Related Agencies

Download or read book Departments of Transportation, and Housing and Urban Development, and Related Agencies Appropriations for 2009 written by United States. Congress. House. Committee on Appropriations. Subcommittee on Transportation, Housing and Urban Development, and Related Agencies and published by . This book was released on 2008 with total page 1882 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Department of Homeland Security Appropriations for Fiscal Year 2007: Justifications (p. 1425-2933)

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Publisher :
ISBN 13 :
Total Pages : 1528 pages
Book Rating : 4.0/5 (14 download)

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Book Synopsis Department of Homeland Security Appropriations for Fiscal Year 2007: Justifications (p. 1425-2933) by : United States. Congress. Senate. Committee on Appropriations. Subcommittee on the Department of Homeland Security

Download or read book Department of Homeland Security Appropriations for Fiscal Year 2007: Justifications (p. 1425-2933) written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on the Department of Homeland Security and published by . This book was released on 2006 with total page 1528 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Social Security Administration's Provisions in the American Recovery and Reinvestment Act of 2009

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Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Social Security Administration's Provisions in the American Recovery and Reinvestment Act of 2009 by : United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security

Download or read book The Social Security Administration's Provisions in the American Recovery and Reinvestment Act of 2009 written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security and published by . This book was released on 2009 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations for 2011, Part 1B, 111-2 Hearings

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Publisher :
ISBN 13 :
Total Pages : 934 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations for 2011, Part 1B, 111-2 Hearings by :

Download or read book Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations for 2011, Part 1B, 111-2 Hearings written by and published by . This book was released on 2010 with total page 934 pages. Available in PDF, EPUB and Kindle. Book excerpt: