Many organizations today are implementing an Earned Value Management System (EVMS) and, for the majority of these companies, it is their first time doing so. Government standards have driven this demand by requiring organizations bidding on government contracts to embed cost management and earned value management principles, techniques and tools into their project delivery.
Ten Six Consulting has extensive experience in implementing Earned Value Management Systems for government agencies and government contractors. Other consulting organizations that ‘specialize’ in implementing EVMS often deploy a one-size fits all approach, which for many, leaves the organization with an over-engineered and unwieldy system. We recognize and understand the major differences between meeting contractual government guidelines and standards, implementing on a single project basis, and undertaking a challenging, true enterprise deployment.
Whatever your business drivers or requirements are, there are many benefits to implementing an EVMS, including improved accountability, a reduction in project risk and improved project delivery.
By combining advanced planning, baseline methods and earned value analysis, you will have better, earlier visibility into program performance than you would by utilizing non-integrated methods of planning and control.
The successful implementation of an Earned Value Management System and the adoption of EVMS principles can result in better visibility of project/program performance, which gives you better control.
If you would like to learn how our consultants have helped other clients, call Ten Six today.
