EVMS in Government Contracting

EVMS in Government Contracting

This 3-part training offers a comprehensive overview of EVMS—its purpose, role, and application in the Project Management/Project Controls Federal contracting arena. It highlights how EVMS supports the entire project lifecycle, including planning, execution, and control phases, by providing valuable tools and controls. Participants will learn how to apply EVM principles and best practices in real-world scenarios, explore common industry challenges and pitfalls, and gain actionable tips and strategies from proven best practices.

• Session 1 – Introduction to EVMS
  • • Overview, purpose and role of EVMS in Project Management
    • Definitions
    • Benefits/Challenges
    • Integration with cost, schedule and scope
    • Regulatory Compliance
    • Basic Components/Metrics
    • Real-world Case Study Summary/Review
• Session 2 – Applying EVMS for planning, execution and project control
  • • Work Breakdown Structure (WBS)
    • Performance Measurement Baseline (PMB)
    • Budgeting and Forecasting
    • Data collection, analysis, performance
    • Reports, trends, early warning indicators
    • Variance analysis (cost, schedule, performance, etc.) and root-cause, and actions thereof
    • Case Study: Challenges, stumbling blocks and real-world implementation advice
• Session 3 – Real-World Usage
  • • Reporting, analysis and dashboarding/metric insight capability
    • Customer, Program, Contract and/or gate reviews (IBR, PDR, CRD, etc.)
    • ETC/EAC inputs/considerations
    • Contract compliance, auditing and management
    • Corrective Action planning, if reqt (usually fully-validated system conditions)
    • E2E integration capabilities/best practices
      • Automated metrics
      • Normalized data
      • Standardized dashboards
      • Reactive and preventive controls (audit measure, prevention, correction, check…)
      • Reduction of manual entry/minimization of latency and data mis-match
      • Speed of data availability

Instructors: Steve Goller and Marie Salamone, Capital Edge Consulting, LLC