EARNED VALUE MANAGEMENT
As a major program stakeholder, you must decide
if
You want to “walk in the fog” where neither the end goal nor the path to get there are clear
or
You want to gain the required level of assurance to predict future program performance, minimizing risk and satisfying all internal and external stakeholders.
Does Your Program/Project Need Earned Value Management (EVM)?
DCW Squared, LLC will engage you, the key stakeholder, to develop a strategy and have a shared understanding of the program or project.
We will remove any assumptions by implementing performance metrices to provide accurate data by integrating cost, CPM schedule and technical performance statistics throughout a program. We then analyze the information and provide consistent updates to owners, program managers and their teams.
We utilize earned value management systems to critique and measure a program/project’s forward progress against the planned effort. With earned value management in place, DCW Squared, LLC can assist any owner or contractor in monitoring cost, and schedule performance to identify whether a project is behind/ahead of schedule and under/over budget. EVM services can also compliment DCW Squared, LLC CPM scheduling services to ensure the budget and the project schedule are monitored for any discrepancies.
We assist our clients in developing, monitoring, and measuring the following cost and schedule parameters:
- Budgeted Cost of Work Scheduled (BCWS)
- Budgeted Cost of Work Performed (BCWP)
- Actual Cost of Work Performed (ACWP)
- Cost Variance (CV)
- Schedule Variance (SV)
- Cost Performance Index (CPI)
- Schedule Performance Index (SPI)
Any organization must accurately measure cost and schedule performance in a reliable and transparent way. Earned Value Management is one of the best managerial tools ever invented to make this happen for you. The team at DCW Squared, LLC’s are experts in the application of Earned Value Management services!